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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
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 Year 1 $ 4,639,790 Year 3 $ 4,959,840 Year 2 $ 4,895,080 $ 99,015 434,304 869,497 $ 91,232 445,460 818,519 $ 301,097 $ 1,402,816 $ 346,849 $ 1,355,211 $ 326,786 Accounts receivable, net Inventory Total current assets $ 93,910 415,565 812,128 $ 1,321,603 Year 4 $ 5,595,490 $ 77,130 499,275 888,207 Year 5 $ 5,673,100 $ 72,064 571,516 906,498 $ 1,464,612 $ 323,137 $ 1,550,078 $ 392,170 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).) Sales Year 1 Year 2 Year 3 Year 4 Year 5 % % % % % Current assets: Cash % % % % % Accounts receivable, net % % % % Inventory % % % Total current assets % % % % % Current liabilities % % % % %
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