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please answer all parts, thank you!! Exercise 14-7 (Algo) Trend Percentages [LO14-1] Rotorua Products, Limited, of New Zealand markets agricultural products for the burgeoning Asian
please answer all parts, thank you!!
Exercise 14-7 (Algo) Trend Percentages [LO14-1] 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: Year 3 Year 5 $ 5,708,920 Sales $ 4,979,380 Cash Year 1 $4,591,750: $80,200 413,498 814,114 $ 1,307,812 $ 308,914 Accounts receivable, net Inventory Year 4 $5,434,060. $ 76,553 505,857 887,534 Year 2 $4,865,560 $ 106,666 417,361 873,932 $1,397,959 $ 340,884 $ 87,376 442,664 832,253 $67,970 565,864 908,890 $ 1,542,724 Total current assets. $ 1,362,293 $ 337,318 $ 1,469,944 $ 329,578 $ 407,641 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, net % Inventory % Total current assets % Current liabilities 12% % % % % % % % % % % % % % % % % 1% % % % % % Step by Step Solution
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