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please help due tonight. Rotorua Products, Ltd., of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company's current assets, current liabilities,
please help due tonight.
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 1 Year 2 Year 3 Year 4 Sales $4,651,480 $4,800, 440 $5,119,770 Cash Accounts receivable, net Inventory $ 94,161 406,284 813,917 $1,314,362 $ 95,209 432,753 874,290 $1,402,252 $ 85,429 440, 215 834,644 $1,360, 288 $5,468, 110 $ 76,676 505,781 889,282 $1,471, 739 Year 5 $5,645, 460 $ 66,548 578,183 915,657 $1,560,388 Total current assets Current liabilities 5319,143 $ 340,407 $ 341,590 $ 327,892 5 405,923 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 (l.e., 0.1234 should be entered as 12.3).) Year 1 Year 2 Year 3 Year 4 Year 5 96 Sales % 96 56 96 Current assets 96 Cash 95 96 % % Accounts receivable 96 96 96 96 % 96 % Inventory % % Total current assets 96 % 96 96 Current labarties 951 % Step by Step Solution
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