Exercise 14-7 (Algo) Trend Percentages [LO14-1]

Rotorua Products, Limited, of New Zealand markets agricultural products for the burgeoning Asian consumer market. The companys 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	$ 4,645,230	$ 4,784,160	$ 5,088,740	$ 5,586,830	$ 5,704,420
Cash	$ 85,851	$ 90,779	$ 103,808	$ 82,642	$ 77,992
Accounts receivable, net	416,256	434,577	446,231	497,687	561,547
Inventory	812,522	883,971	818,962	880,027	910,800
Total current assets	$ 1,314,629	$ 1,409,327	$ 1,369,001	$ 1,460,356	$ 1,550,339
Current liabilities	$ 304,313	$ 331,165	$ 333,209	$ 325,860	$ 397,343

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).)