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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 $ 4,524,670 $ 85,171 408,931 817,272 $ 1,303,374 $ 316,875 Year 2 $ 4,852, 278 $ 180,664 429,542 870,948 $ 1,481,154 $ 343,171 Year 3 $ 5,677,140 $ 98,370 435,555 826,385 $ 1,362,310 $ 326,036 Year 4 $ 5,444,390 $ 78,872 513,179 892,721 $ 1,494,772 $ 334,465 Year 5 $ 5,785,628 $ 71,201 570,158 983,805 $ 1,545,164 $ 480,945 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 %% % 9 % % % % % % % % % 9. % %
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