Exercise 14-7 (Algo) Trend Percentages (LO14-1)Rotorua Products, Limited, of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company'scurrent assets, current liabilities, and sales over the last five years (Year 5 is the most recent year) are as follows:Year 1Year 2Year 3Year 4Year 5$ 4,549,430$ 89,042408,006811,488$ 1,308,536$ 318,107$ 4,740,670$ 5,099,950$ 5,469,600$ 88,596508,470896,163$ 5,724, 580$ 83,446579,239Sales$ 98,777418,630$ 95,764449,800CashAccounts receivable, netInventory879,663834,879907,936Total eurrent assetsॐ 1,397,070$ 1,380,443$ 1,493, 229$ 1,570,621Current liabilities$ 339,365$ 342,764$ 327,124$ 393,311Required:1. Express all of the asset, liability, and sales data in trend percentages. Use Year 1 as the base year. (Round your percentage answersto 1 decimal place (i.e., 0.1234 should be entered as 12.3).)Year 1Year 2Year 3Year 4Year 5SalesCurrent assets:CashAccounts receivable, netInventoryTotal current assetsCurrent liabilitiesまま

Trend analysis is an analysis done by the companies to understand their current performance with…

Answered: 1. Express all of the asset, liability,…

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).)

Financial & Managerial Accounting

14th Edition

ISBN:9781337119207

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter20: Variable Costing For Management Analysis

Section: Chapter Questions

Problem 3ADM: Apple Inc.: Segment revenue analysis Segment disclosure by Apple Inc. provides sales information for...

See similar textbooks

Similar questions

Exercise 16-7 (Algo) Trend Percentages [L016-1] Rotorua Products, Limited, 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 Year 2 Year 3 Year 4 Year 5 $ 5,456,550 $ 4,625,370 $ 86,824 406,629 819,170 $ 1,312,623 $ 5,735,260 $ 77,971 570,061 Sales $ 4,764,460 $ 5,130,760 $ 99,665 428,795 865,429 $ 84,918 446,713 831,348 $ 79,790 500,940 887,176 $ 1,467,906 Cash Accounts receivable, net Inventory 912,215 Total current assets $ 1,393,889 $ 1,362,979 $ 1,560,247 Current liabilities $ 310,884 $ 333,797 $ 325,392 $ 328,830 $ 396,587 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).) Year 1 Year 2 Year 3 Year 4 Year 5 Sales % % % % % Current assets: Cash % % %…
Subject : Accounting
answer in text form please (without image)
Exercise 14-7 (Algo) Trend Percentages [LO14-1] Rotorua Products, Limited, 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: Sales Cash Accounts receivable, net Inventory Total current assets Current liabilities Required: Year 1 $ 4,680,030 $ 82,770 403,609 800,154 $ 1,286,533 $ 318,714 Year 2 $ 4,900,840 $ 101,787 417,705 868,059 $ 1,387,551 $ 332,732 Year 3 $ 5,029,390 $ 98,893 445,314 828,216 $ 1,372,423 $ 339,560 Year 4 $ 5,504,210 $ 88,301 509,629 885,290 $ 1,483,220 $ 329,136 Year 5 $ 5,628,180 $ 70,089 571,343 907,134 $ 1,548,566 $ 402,845 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 5 100.0% % % % % Current assets: Cash…
Exercise 14-7 (Algo) Trend Percentages [LO14-1] Rotorua Products, Limited, 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: Sales Cash Accounts receivable, neti Inventory Total current assets Current liabilities Sales Current assets Cash Accounts receivable, net Inventory Total current assets Current liabilities Year 1 % % % % % % Year 1 $4,596,550 $ 92,892 416,860 813,702 $ 1,323,454 $ 311,407 Year 2 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).) % % % 1 16 Year 2 $ 4,903,860 $ 93,237 417,106 872,808 $1,383,151 $ 347,697 Year 3 1% % % % Year 3 $ 5,102,310 $91,810 432,994 819.573 $ 1,344,377 $331,116 Year 4 1% 1% % IN 16 % Year 5 $ 82,050 502,783 892,591…
Exercise 14-7 (Algo) Trend Percentages [LO14-1] Rotorua Products, Limited, 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: Sales Cash Accounts receivable, net Inventory Total current assets Current liabilities Sales Current assets Cash Accounts receivable, net Inventory Total cument assets Current liabilities Year 1 $4,527,398 $83,250 412,866 818,166 $1,314,282 $ 303,132 Year 1 Year 2 Year 2 $4,807,280 $ 93,978 420,303 876,790 $ 1,391,071 $ 332,069 % Year 3 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 (ie, 0.1234 should be entered as 12.3)) % % % % Year 3 $ 5,142,948 Year 4 $ 94,093 450,587 817,698 $ 1,362,378 $ 342,291 % % % Year 4 $ 5,596,280 Year 5 $ 80,627 515,215 887,668 $ 1,483,518 $ 323,721…
Trend Percentages 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: Required: 1. Express all of the asset, liability, and sales data in trend percentages. (Show percentages for each item.) Use Year 1 as the base year and carry computations to one decimal place. 2. Comment on the results of your analysis.
Exercise 14-7 (Algo) Trend Percentages [LO14-1] Rotorua Products, Limited, 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: Sales Cash Accounts receivable, net Inventory Total current assets. Current liabilities Sales Current assets: Cash Accounts receivable, net Inventory Total current assets Current liabilities Year 1 % % % % % % Year 1 $ 4,681,270 $ 97,008 407,939 807,489 $ 1,312,436 $ 312,268 Year 2 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).) % % % % % % Year 2 $ 4,836,120 $ 92,770 418,168 879,836 $ 1,390,774 $ 348,807 Year 3 % % % % % % Year 3 $ 5,141,580 $ 103,822 436,610 829,744 $ 1,370,176 $ 329,616 Year 4 % % % % % % Year 5 % Year 4 $ 5,524,680…
Exercise 14-7 (Algo) Trend Percentages [LO14-1] Rotorua Products, Limited, 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 $ 4,521,520 $ 96,937 402, 204 802, 345 $ 1,301,486 $ 302, 591 Sales Year 2 Year 3 Year 4 Ycar $ 4,809,930 $ 5,011,350 $ 100,186 442,663 827, 847 $ 1,370,696 $ 328, 326 Cash Accounts receivable, net Inventory $5,445,280 $ 5,79 $ 102,668 423,537 $ 83,570 512,610 893,434 $ 1,489,614 $7 57 99 870,787 Total current assets $ 1,396,992 Current liabilities $ 1,55 $ 334,482 $ 329,322 $39 Required: 1. Express all of the asset, liability, and sales data in trend percentages. Use Year 1 as the base year. (Round your percentage onswers to 1 decimal place (i.e., 0.1234 should be entered as 12.3).) Year 1 Year 2 Year 3 Year 4 Year 5 Sales Current assets Cash Accounts receivable, net Inventory Tatal…
Hw 124.
Oo.99.9 Subject :- Account
Hh1. Account