Exercise 14-7 Trend Percentages [L014-1] Rotorua Products, Ltd. of New Zealand markets agricultural products for the burgeoning Aslan 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 $4,664,510 $ 91,771 412,302 817,370 $1,321, 443 5 318,827 Year 2 $4,753,590 $ 107,465 422,426 868,667 $1,398,558 $ 349,648 Year 3 $5,001,170 $ 87,559 439, 454 821,078 $1,348,091 $ 329,082 Year 4 $5,421,250 $ 78,487 497,047 891, 424 $1,466,958 $319,946 Year 5 $5,695,460 $ 81,793 572,767 904, 103 $1,558,663 $ 398,235 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 (... 0.1234 should be entered as 12.3).) Year 1 100.0 % Year 2 Your 3 Year 4 Years % % * Sales Current assets: Cash Acrunt aravala % % % % 100.0% in ne 2 Accounts receivable, net Inventory Total current assets Current liabilities 412,302 817,370 $1,321,443 $ 318,827 422,426 868,667 $1,398,558 $ 349,648 439,454 821,078 $1,348,091 $ 329,082 497,047 891, 424 $1,466,958 $319,946 572,767 904,103 $1,558,663 $398,235 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 (.e., 0.1234 should be entered as 12.3).) Year 2 Year 3 Yoar 4 Year 1 100.0 % Year 5 Sales % % % % % % Current assets: Cash Accounts receivable Inventory Total current assets Current liabilities Rae 100.0% 100.0% 100.0 % 100.0% 100.0% BERR % > % % % % % % %