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Check 1 Exercise 14-7 Trend Percentages (L014-1] Rotorua Products, Ltd., of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company's current
Check 1 Exercise 14-7 Trend Percentages (L014-1] 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: nts S 01:50:57 Year 4 $5,413,160 Sales Cash Accounts receivable, net Inventory Total current assets Year 1 $4,557,810 $ 91,856 413,164 804,344 $1,309,364 Year 2 $4,792,670 $ 98,829 424,959 868,006 $1,391,794 Year 3 $5,096,610 $ 103,543 437,720 832,887 $1,374,150 $ 85, 477 515,671 895,918 $1,497,066 Year 5 $5,770, 440 $ 68,666 568,664 906,439 $1,543,769 $ 398, 002 eBook Current liabilities $ 310,663 339, 702 $ 328,321 $ 324,627 Print Required: 1. Express all of the asset, liability, and sales data in trend percentages. Use Year 1 as the base year. (Round your percentage answers to 1 decimal place (i.e., 0.1234 should be entered as 12.3).) eferences Year 1 Year 2 Year 3 Year 4 Year 5 Sales % % % % % Current assets: Cash % % % % % Accounts receivable % % % % % % % % Inventory Total current assets % % % % % % % Current liabilities % % % % %
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