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Exercise 14-7 Trend Percentages [LO14-1) 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 [LO14-1) 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 $4,614,990 $ 97.667 413,383 803,941 $1,314,991 $ 314,269 Year 2 $4,799,420 105997 426,257 873,731 $1.405.985 $ 346,349 Year 3 $5,112,850 102.2202 449.646 832,245 $1.384.133 Year 4 $5,488,680 306 506,042 899,551 $1.493.899 Year 5 $5,668,680 64.76 572, 755 904,669 $1,542, 140 $ 341,254 $ 337,716 5 390,944 inces Required: 1. Express all of the asset, liability, and sales data in trend percentages. Use Y to 1 decimal place (i.e., 0.1234 should be entered as 12.3).) pund your percentage answers Year 1 Year 2 Year 3 - Sales Current assets Cash Accounts receivable TTTT Inventory Total current assets Current abilities

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