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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 $4,555,870 $91,851 405,821 801,712 $ 1,299,384 $315,623 Year 2 $ 4,762,490 $ 99,508 435,854 874,520 $ 1,409,882 5 341,303 Year 3 $ 4,960,050 $ 102,737 434,026 829,592 $ 1,366,355 $335,679 Year 4. $ 5,440,590 $ 80,834 508,125 883,635 $ 1,472,594 $ 330,171 Year 5 $ 5,737,350 $ 73,422 564,251 896,843 $1,534,516 $ 398,178 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 S % % % % Accounts receivable, net % % % % . Inventory % % % % Total current assets % % % % Current Sabilities % % %

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