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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, not Inventory Total current assets Corcent liabilities Year $ 4.583,560 $ 91,103 417,452 804.168 $ 1,312, 123 $ 307,381 Year 2 $ 4,899,020 $ 102,345 422,792 883, 770 $ 1,408,907 $ 335,981 Year 3 $ 4,959,940 $ 90,491 437,533 825.091 $ 1,353, 115 Year 4 $ 5,419,930 $ 84,553 496, 676 395 153 $ 1,476,382 $ 124,414 $ 5,753.100 $ 74,045 563.376 $ 1,542,700 $ 394,00 5 342,065 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 (le., 0.1234 should be entered as 12.3).) Year 1 Year 2 Year 3 Year 4 Years % X % % Sales Current issets: Cash Accounts receivable.net Inventory Total current assets Current Rabies % % % % % % % X % % % 5 56 %
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