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Solve for the requirement for each of the following independent cases. A. Trend Percentages (10 points) Spooky Company's sales, current assets and current liabilities (all
Solve for the requirement for each of the following independent cases. A. Trend Percentages (10 points) Spooky Company's sales, current assets and current liabilities (all in thousands of pesos) have been reported as follows over the last 5 years (Year 5 is the most recent year) Year 5 Year 4 Year 3 Year 2 Year 1 Sales 5,625 5,400 4,950 4.725 4,500 Current Assets: Cash 64 72 84 88 80 Accounts Receivables 560 496 432 416 400 Inventory 896 880 816 864 800 Total current assets 1,520 1,448 1,332 1,368 1,280 Current Liabilities 390 318 324 330 300 Required: 1. Express all of the asset, liability and sales data in trend percentages. 2. Comment on the results of your analysis
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