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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: Year 1 Year 2 Year 3 Year 4 Year 5 Sales $ 4,621,410 $ 4,920,170 $ 5,029,780 $ 5,584,930 $ 5,703,510 Cash $ 99,416 $ 103, 215 $ 97,187 $ 81,126 $ 71,268 Accounts receivable, net 419,825 435,489 450,990 501,985 571,661 Inventory 802,579 868,886 826, 101 880,162 915,497 Total current assets $ 1,321,820 $ 1,407,590 $ 1,374,278 $ 1,463, 273 $ 1,558,426 Current liabilities $ 310,627 $ 348,981 $ 325,896 $ 324,206 $ 398,073 Required: 1. Express all of the asset, lability, and sales data in trend percentages. Use Year 1 as the base year (Round your percentage answers to 1 decimal place tie, 01234 should be entered as 12.3).) Year 2 Year 3 Year 4 Year 5 Yeart 100.0 % Sales Current assets Cash Accounts receivable, Inventory Total current Cunentbetes 4 100.0% 1000 1000 100.0 1000 * * Prey 1 of 5 Next >
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