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1 Exercise 14-7 Trend Percentages (L014-1) 166 points Rotorua Products, Ltd., of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company's

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1 Exercise 14-7 Trend Percentages (L014-1) 166 points Rotorua Products, Ltd., of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company's current assets, current liabilities, and sales over the last five years (Year 5 is the most recent year) are as follows: Year 1 Year 2 Year 3 Year 4 Year 5 Sales $4,672,770 $4,864,700 $5,042,689 $5,524,170 $5,886,140 Cash $ 93,799 $ 104,626 5 97,595 $ 90,330 $ 71,508 Accounts receivable, net 405, 151 421, 386 451,904 498,932 579,715 Inventory 814,361 871, 159 826,985 897,633 899,114 Total current assets $1,313, 311 $1,397,171 $1,376,484 $1,486,895 $1,550,337 Current liabilities $ 314,492 $ 330,921 $ 335,760 $325,034 $ 408,314 Book Print References Required: 1. Express all of the asset, itability, and sales data in trend percentages. Use Year 1 as the base year. (Round your percentage answers to 1 decimal place (le, 0.1234 should be entered as 12.3).) Year 1 Year 2 Year 3 Year 4 Year 5 % % % Sales Current assets Cash Accounts receivable Inventory Total current assets Current liabilities % % % % % % % % % % % X % % %

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