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 have been reported as follows over the last five years (Year 5 is the most recent year):

M chapter 15Gradedgrr ' Chapter 15 Graded Exemlseslplohlems Asslgnmem insimmons i help El 5 E' Save&Exit H sunmn 2 vain: 5.00 perms Exerclse 15-7 Trend Percentages [L015-1] Rntnrua Prnduds Lid M New Zeaiand rnarireis agn'euiiurai pioducls iorine burgeoning Asian consumer market The company's curren: assets cirneni iianiiiiies. and saies nave been reponed as ioHows Werme iasiiive years (Year 5 is me most recent year) Year I Yearl Year 3 Year a Year 5 Sales $4 5m 89\" $4 736 890 $5 085 640 $5 506 SW 55 672 38\" Cash 5 91340 $ 100 751 5 98 697 S 84174 5 75380 Accaunls receivabie, nel 414 957 430,109 443.96? 513 972 557,809 Inventory 815127 869 968 816118 890 522 910 74-4 Tma' curvem assets $1,327,424 $1 400 623 $1 358 783 S1 68 668 51551533 Current Iiabme: s 319 775 $ 331 765 $ 323 859 s 333 730 5 397 48a Required: 1 Express aii er the assei liabiHLy and saies daia in irend percentages Use Year 1 as me base year (Round your percenlage answers In 1 decimal place [i.e.. 0.12311 ehmrid he entered \"12.3\" sires '1: 'L S I60 Oi 16 56 Gram assets Gash "Mi 0' Amer-r1: renewable mom Inventory 100M Tori unreal users an} Inn-arr minis loo n} Reflmnus eBnDk E. Resources