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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
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 $ 4,543,830 $ 86, 108 402,385 819,721 $ 1,308, 214 $ 308,109 Year 2 $ 4,757,030 $ 92,296 417, 259 874, 159 $ 1,383,714 $ 338,437 Year 3 $ 4,984,940 $ 101,986 448,625 821,984 $ 1,372,595 $ 327,840 Year 4 $ 5,419,270 $ 84,547 503,112 893,657 $ 1,481,316 $ 320,349 Year 5 $ 5,803, 770 $ 82,952 566,690 912,244 $ 1,561,886 $ 409,423 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 % % % % % % % % % % % % % % % % % % % %
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