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Rotorua Products Ltd. of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company's current assets, current liabilities, and sales have been
Rotorua Products Ltd. of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company's current assets, current liabilities, and sales have been reported as follows over the last five years (year 5 is the most recent Year 5 Year 4 Year 3 Year 2 Your 1 Sales Cash $NZ 2,287,500+ SNZ 2,196,000 SNZ 32,900 SN Accounts receivable, net Inventory 596,600 770,900 471,000 711,600 45,590 408,200 711,600 SN 56,400 SALZ Total current assets Current 11abilities SNZ 1,395,700 SNZ 1,215,500 SNE 541,000 SNZ 503,100 SNZ 576,800 593,000 SHZ IN 1,26,200 387,000 SNZ 47,000 114,000 593,000 954,000 387,000 "SNZ stands for New Zealand dollars. Required: 1. Express all of the asset, liability, and sales data in trend percentages. (Show percentages for each item.) Use year 1 as the base year. (Round your answers to 1 decimal place.) Sales Cash Accounts receivable Inventory Total current assets Current liabilities Year 5 Year 4 Year 3 Year 2 Year 1
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