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 Yeae S Sales $ 4,600, 790e $4,921,690 5 96,916 426, 158 70, 711 $1.393,785 $5,015,37e $ 5,543,20 S 17,60 $5,650,520 Cash Accounts receivable, net Inventory Total current assets $.95,408 407,016 507,300 451,111 833, 392 $1,371,80) 5 78,245 562,006 B4, 150 $1,479,622 $1,311,000 $1,549,3 Current 1labilities 5 302,390 5 327,119 $ 328,044 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 plece (ie., 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 Total current assets Current labilities

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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
Yeae S
Sales
$ 4,600, 790e
$4,921,690
5 96,916
426, 158
70, 711
$1.393,785
$5,015,37e
$ 5,543,20
S 17,60
$5,650,520
Cash
Accounts receivable, net
Inventory
Total current assets
$.95,408
407,016
507,300
451,111
833, 392
$1,371,80)
5 78,245
562,006
B4, 150
$1,479,622
$1,311,000
$1,549,3
Current 1labilities
5 302,390
5 327,119
$ 328,044
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 plece (ie., 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
Total current assets
Current labilities
Transcribed Image Text: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 Yeae S Sales $ 4,600, 790e $4,921,690 5 96,916 426, 158 70, 711 $1.393,785 $5,015,37e $ 5,543,20 S 17,60 $5,650,520 Cash Accounts receivable, net Inventory Total current assets $.95,408 407,016 507,300 451,111 833, 392 $1,371,80) 5 78,245 562,006 B4, 150 $1,479,622 $1,311,000 $1,549,3 Current 1labilities 5 302,390 5 327,119 $ 328,044 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 plece (ie., 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 Total current assets Current labilities
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