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please make sure i can see the answers when you post Rotorua Products, Limited, of New Zealand markets agricultural products for the burgeoning Asian consumer
please make sure i can see the answers when you post
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 $ 4,509,940 $ 90,885 415,286 815, 008 $ 1,321, 179 $ 308,907 Year 2 Year 3 $ 4,838,740$ 4,991,510 $ 89,761 $ 93, 936 423, 782 432, 121 870,433 821, 213 $ 1,383,976 $ 1,347,270 $ 340,242 $ 329,602 Year 4 $ 5,440,100 $ 85,914 515,990 896,152 $ 1,498,056 $ 333,370 Years $ 5,674,130 577,763 576,153 915,760 5 1.569,676 $ 404.647 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, not Inventory Total current assets Current liabilities % % 9 % % % % % % % % % % % % % % 90 % % Step by Step Solution
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