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Exercise 14-7 (Algo) Trend Percentages [LO14-1] Rotorua Products, Limited, of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company's current

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Exercise 14-7 (Algo) Trend Percentages [LO14-1] Rotorua Products, Limited, 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: Sales Cash Accounts receivable, net Inventory Total current assets Current liabilities Required: Year 1 $ 4,595,450 Year 2 $ 4,850,510 $ 89,815 418,210 818,350 $106,613 432,805 866,962 $ 1,326,375 $ 313,976 $ 1,406,380 $341,871 Year 3 $ 5,025,030 $92,813 434,142 817,796 $ 1,344,751 $339,127 Year 4 $ 5,446,600 $ 91,564 502,494 881,920 $1,475,978 $ 326,735 Year 5. $ 5,645,940 $ 81,073 571,784 909,929 $ 1,562,786 $ 399,549 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).) Year 1 Year 2 Year 3 Year 4 Year 5 Sales % % % % % Current assets: Cash % % % % % Accounts receivable, net % % % % % Inventory % % % % % Total current assets % % % % % Current liabilities % % % % %

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