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Schmidt Inc. markets agricultural products for the burgeoning Asian consumer market. The company's current assets, current liabilities, and sales over the last five years

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Schmidt Inc. 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: Sales Cash Accounts receivable, net Inventory Total current assets Current liabilities Required: Year 1 Year 2 Year 31 Year 4 Year 5 800,537 $ 4,599,400 $4,798,860 $5,104,900 $5,434,140 $5,668,060 $ 98,635 $ 97,577 $ 86,999 $ 82,080 $ 80,267 401,932 419,609 449,677 500,843 560, 193. 881,362 832,037 881,076 896,386 $ 1,301,104 $1,398,548 $1,368,713 $1,463,999 $1,536,846 $314,404 $336,761 $ 332,304 $ 324,786 $ 409,049 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, net % % % % % Inventory % % % Total current assets % % % Current liabilities % %

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