Exercise 16-7 (Algo) Trend Percentages [LO16-1]

Rotorua Products, Limited, of New Zealand markets agricultural products for the burgeoning Asian consumer market. The companys current assets, current liabilities, and sales over the last five years (Year 5 is the most recent year) are as follows:

	Year 1	Year 2	Year 3	Year 4	Year 5
Sales	$ 4,591,190	$ 4,873,390	$ 5,143,190	$ 5,573,950	$ 5,648,790
Cash	$ 98,896	$ 105,252	$ 95,514	$ 72,110	$ 65,963
Accounts receivable, net	403,652	423,185	451,627	503,906	564,037
Inventory	806,093	875,804	832,201	885,070	912,008
Total current assets	$ 1,308,641	$ 1,404,241	$ 1,379,342	$ 1,461,086	$ 1,542,008
Current liabilities	$ 300,983	$ 341,758	$ 337,109	$ 325,137	$ 399,329

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).)