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Exercise 15-7 Trend Percentages [LO15-1] 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 15-7 Trend Percentages [LO15-1] 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 Year 2 Year 3 Year 4 Year 1 Year 5 $4,610,150 4,792,270 $5,091,360 $5,496,440 $5,799,370 $ 82,545 $ 88,687 $86, 057 $ 78,496 71,549 572,873 898,023 915,465 $1,304,804 $1,374,088 $1,338,071 $1,489,993 $1,559,887 Sales Cash Accounts receivable, net Inventory Total current assets 406,447 815,812 66,463 418,918 434,248 513,474 $ 317,549 341,762 $329,652 334,641 406,684 Current liabilities 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 (i.e., 0.1234 should be entered as 12.3).) Year 1 Year 2 Year 3 Year 4 Year 5 Sales Current assets: Cash Accounts receivable Inventory Total current assets Current liabilities

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