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Rotorua Products, Ltd., of New Zealand markets agricultural products for the burgeoning Asian consumer marke The company's current assets, current liabilities, and sales over the
Rotorua Products, Ltd., of New Zealand markets agricultural products for the burgeoning Asian consumer marke 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 Year 1 $4,505,960 $ 93,006 411,533 802,054 $1,306,593 $ 301,025 Year 2 $4,834,640 $ 98,104 431,969 881,444 $1,411,517 $ 337,274 Year 3 $5,004,650 $ 84,744 4 39,590 817,097 $1,341,431 $ 342,552 Year 4 $5,544,980 $ 74,406 496,558 892,958 $1,463,922 $ 324,600 Year 5 $5,706,300 $ 76,691 570,793 904,887 $1,552,371 $ 399,483 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).) Year 1 Year 2 Year 3 Year 4 Year 5 Sales Current assets: Cash Accounts receivable Accounts receivable, net Inventory Total current assets 411,533 802,054 $1,306,593 $ 301,025 431,969 881,444 $1,411,517 $ 337,274 439,590 817,097 $1,341,431 $ 342,552 496,558 892,958 $1,463,922 $ 324,600 570, 793 904,887 $1,552,371 $ 399,483 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).) Year 1 Year 2 Year 3 Year 4 Year 5 Sales Current assets: Cash Accounts receivable Inventory Total current assets Current liabilities
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