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Exercise 16-7 (Algo) Trend Percentages [LO16-1] Rotorua Products, Limited, of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company's current assets,

Exercise 16-7 (Algo) Trend Percentages [LO16-1] Rotorua Products, Limited, 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 Year 2 Year 3 Year 4 Year 5 $ 4,530,890 $ 4,755,490 $ 4,981,130 $5,513,860 $ 5,819,160 $ 97,358 $106,526 406,885 807,618 426,757 873,257 $ 93,221 445,837 816,895 $ 77,423 502,892 885,397 $ 82,273 563,824 897,672 $ 1,543,769 $327,722 $ 328,690 $ 406,217 $ 1,311,861 $ 1,406,540 $ 1,355,953 $1,465,712 $307,678 $ 347,416 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).) Sales Year 1 Year 2 Year 3 Year 4 Year 5 % % Current assets: Cash % % % Accounts receivable, net % % % % Inventory, % % % % % Total current assets % % % % 4 % Current liabilities % % %

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