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Exercise 14-7 Trend Percentages (L014-1) Rotorua Products, Ltd, of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company's current assets, current

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Exercise 14-7 Trend Percentages (L014-1) Rotorua Products, Ltd, 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 $4,578,210 $ 93,999 413,667 812, 15e $1,319,816 $ 304, 338 Year 2 $4,888,920 $ 94,211 422,653 866, 191 $1,383,055 $ 341, 419 Year 3 $4,968, 320 $ 103,135 446,636 824,419 $1,374, 190 $ 338,204 Year 4 $5,503,810 $ 81,760 511,091 896,011 $1,486,862 $318,003 Year 5 $5,755,590 $ 81,519 568,150 901, 891 $1,551,560 $ 398,212 Required: 1. Express all of the asset. Hability, and sales data in trend percentages. Use Year as the base year (Round your percentage answers to 1 decimal place li.e., 0.1234 should be entered as 12.3).) Year 1 Year 2 Year 3 Year 4 Year 6 96 % Sales Current assets Cash Accounts rocoivable Inventory Total current assets Current liabilities 96 % 90 96 % % 9 %

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