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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 over the
Rotorua Products, Ltd., 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 5 Year 1 Year 2 Year 3 Year 4 $4,562,100 4,758,000 $4,952,340 $5,557,680 $5,719,570 Sales Cash Accounts receivable, net Inventory Total current assets Current liabilities $ 94,796 107,236 88,83881,35364,047 561,451 909,823 $1,320,112 $1,403,131$1,353,950 $1,479,476 $1,535,321 413,005 812,311 430,659 865, 236 443,702 821,410 502,432 895,691 $ 317,232 341,520 324,625 $332,721 393,493 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).) Fix Year 2-5 Year Year 2 Year 3 Year Year 5 Sales 100.01% 42 21% Current assets 100.01% 100.01% 100.01% 100.01% 100.01% Cash (472) 4841% 1321% 0,01 % (2+3)1% unts receivable Inventory Total current assets Current liabilities 461% 631 % 771% 4-91%
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