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Rotorua Products sells agricultural products in the burgeoning Asian market. The company's current assets, current liabilities, and sales over the last five years (Year 5
Rotorua Products sells agricultural products in the burgeoning Asian 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, net Inventory Total current assets Current liabilities Sales Current assets: Cash Year 1 $4,513,670 $ 80,824 411,239 800,544 $ 1,292,607 $ 308,932 Accounts receivable, net Inventory Total current assets Current liabilities 100.0 % Required: 1. Express all of the asset, liability, and sales data in trend percentages. Use Year 1 as the base year. Note: Round your percentage answers to 1 decimal place (l.e., 0.1234 should be entered as 12.3). 100.0 % 100.0 % 100.0 % 100 0 100.0 % Year 2 $ 4,891,218 $ 100,242 433.987 864,548 $ 1,398,697 $ 345,134 Year 2 96 ***** 56 96 86 96 Year 3 $ 5,112,660 $ 101,832 447, 318 817,658 $1,366,806 $ 348,647 Year 3 96 Year 4 $ 5,596,149 $ 74,590 499,142 96 96 % % $ 1,467,727 1 333, 195 196 196 196 196 96 Year 5 Year 5 $ 5.765 280 $ 77,167 $72.995 988,674 $1.558, 776 $ 395,065 196 196 96 96 96
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