Rotorua Products, Limited, of New Zealand markets agricultural products for the burgeoning Asian consumer market. The...
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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 last five years (Year 5 is the most recent year) are as follows: Sales Cash Accounts receivable, net Inventory Total current assets Current liabilities Required: Year 1 $ 4,520,310 Year 2 $ 4,791,230 $ 94,099 419,598 801,644 $ 89,699 433,168 873,023 $ 1,315,341 $ 1,395,890 $ 318,572 $ 336,720 Year 3 $ 4,964,170 $ 96,493 441,329 828,444 $ 1,366,266 $ 326,081 Year 4 $ 5,547,980 $ 78,248 499,253 899,343 $ 1,476,844 $ 320,291 Year 5 $ 5,712,050 $ 72,178 570,528 906,011 $ 1,548,717 $ 394,037 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 % % % % % 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 Required: Year 1 $ 4,520,310 Year 2 $ 4,791,230 $ 94,099 419,598 801,644 $ 89,699 433,168 873,023 $ 1,315,341 $ 1,395,890 $ 318,572 $ 336,720 Year 3 $ 4,964,170 $ 96,493 441,329 828,444 $ 1,366,266 $ 326,081 Year 4 $ 5,547,980 $ 78,248 499,253 899,343 $ 1,476,844 $ 320,291 Year 5 $ 5,712,050 $ 72,178 570,528 906,011 $ 1,548,717 $ 394,037 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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