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 Year 1 $ 4,673,000 $ 88, 441 414.518 304,089 $ 1,107,345 $. 362,167 Year 2 $ 4,053,500 5 104.147 424,930 875,040 $ 1,407,126 $ 341,600 Year 3 $ 5,146,200 5 55.546 443, 106 523,702 $1,362,359 324,900 Year 4 5 5,425,070 $ 73,628 508,236 317.438 $ 1,469,302 $ 322,299 Year 5 $ 5,721,570 $ 74,909 574,790 900,66 $ 1,550,337 $ 396,682 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 (ie.. 0.1234 should be entered as 12.3).) Year 2 Year 1 Year 2 Year 4 Year 5 % 5 % % % % % 55 Sales Current assets Cash Accounts receivable, not Inventory Total current assets Current liabilities 9 $ % % % % % % % % % % % % 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 Year 1 $ 4,673,000 $ 88, 441 414.518 304,089 $ 1,107,345 $. 362,167 Year 2 $ 4,053,500 5 104.147 424,930 875,040 $ 1,407,126 $ 341,600 Year 3 $ 5,146,200 5 55.546 443, 106 523,702 $1,362,359 324,900 Year 4 5 5,425,070 $ 73,628 508,236 317.438 $ 1,469,302 $ 322,299 Year 5 $ 5,721,570 $ 74,909 574,790 900,66 $ 1,550,337 $ 396,682 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 (ie.. 0.1234 should be entered as 12.3).) Year 2 Year 1 Year 2 Year 4 Year 5 % 5 % % % % % 55 Sales Current assets Cash Accounts receivable, not Inventory Total current assets Current liabilities 9 $ % % % % % % % % % % % %