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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 $4,663,050 $ 85,588 418,616 815,812 $1,320,021 $ 303,395 Year 2 $4,735,040 $100,831 417,560 866,468 $1,384,859 $ 337,594 Year $5,133,550 $ 100,558 437,966 831 742 $1,370,266 $ 334,737 Year 4 $5,407,230 5 77,339 500,905 890,436 $1,468,680 $ 320,050 Year 5 $5,816,310 $ 74,936 568,974 902,697 $1,546,607 $390,734 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 (l... 0.1234 should be entered as 12.3).) Year 1 Year 2 Year 3 Year 4 Year 5 9 9 Sales Current assets Cash Accounts receivable Inventory Total current assets Current liabilities % 76 $1 RRR % % % % % % %

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