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Sales Cash Year 2 $4,834,870 Rotorua Products, Ltd., of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company's current assets, current
Sales Cash Year 2 $4,834,870 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 1 $4,676,240 Year 3 $4,956,750 Year 4 $5,558,790 Year 51 $5,650,730 $ 85,211 Accounts receivable, net Inventory 416,541 803,847 $ 100,532 432,105 $ 100,450 $ 440,468 85,572 508,045 $ 69.656 569,226 Total current assets $1,305,599 867,663 $1,400,300 822,527 $1,363,445 887,411 $1,481,020 902,314 $1,541,196 Current liabilities $ 311,113 $332,299 $ 326,511 $ 335,439 $ 403,577 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).) Sales Year 1 Year 2 Year 3 Year 4 Year 5 % Current assets: Cash % % % % % Accounts receivable % % % % 1% Inventory % % % % % Total current assets % % % % % Current liabilities % %
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