Subject : Accounting 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:SalesCashAccounts receivable, netInventoryTotal current assetsCurrent liabilitiesSalesCurrent assets:CashAccounts receivable, netInventoryTotal current assetsCurrent liabilitiesYear 1%%%%%%Year 1$ 4,665,760$ 82,506414,779808,990$ 1,306,275$ 310,542Year 2Required: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 2$ 4,790,650$ 101,053430,782882,080$ 1,413,915$ 342,406Year 3%%%%%%Year 3$ 5,108,370$ 92,663434,877829, 324$ 1,356,864$325,045Year 4%%%%%%Year 5%Year 4$ 5,505,530%%%%%$ 80,040505,150893,555$ 1,478,745$ 332,868Year 5$ 5,698,990$ 79,553567,862904,393$ 1,551,808$ 398,492

Lets understand the basics. Trend analysis is an analysis done by the companies to understand their…

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 Year 1 $ 4,665,760 $ 82,506 414,779 808,990 $ 1,306,275 $ 310,542 Year 2 $4,790,650 $ 101,053 430,782 882,080 $ 1,413,915 $ 342,406 Year 3. $ 5,108,370 $ 92,663 434,877 829, 324 $ 1,356,864 $325,045 Year 4 $ 5,505,530 $ 80,040 505,150 893,555 $ 1,478,745 $332,868 Year 5 $ 5,698,990 $ 79,553 567,862 904, 393 $ 1,551,808 $ 398,492 Required: 1. Express all of the asset. liability, and sales data in trend percentages. Use Year 1 as the base vear. (Round your percentage answers

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 Year 1 $ 4,665,760 $ 82,506 414,779 808,990 $ 1,306,275 $ 310,542 Year 2 $4,790,650 $ 101,053 430,782 882,080 $ 1,413,915 $ 342,406 Year 3. $ 5,108,370 $ 92,663 434,877 829, 324 $ 1,356,864 $325,045 Year 4 $ 5,505,530 $ 80,040 505,150 893,555 $ 1,478,745 $332,868 Year 5 $ 5,698,990 $ 79,553 567,862 904, 393 $ 1,551,808 $ 398,492 Required: 1. Express all of the asset. liability, and sales data in trend percentages. Use Year 1 as the base vear. (Round your percentage answers

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter7: Variable Costing For Management analysis

Section: Chapter Questions

Problem 1MAD

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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…
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 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: 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: Year 1 Year 2 Year 3 Year 4 Year 5 $ 4,549,430 $ 89,042 408,006 811,488 $ 1,308,536 $ 318,107 $ 4,740,670 $ 5,099,950 $ 5,469,600 $ 88,596 508,470 896,163 $ 5,724, 580 $ 83,446 579,239 Sales $ 98,777 418,630 $ 95,764 449,800 Cash Accounts receivable, net Inventory 879,663 834,879 907,936 Total eurrent assets ॐ 1,397,070 $ 1,380,443 $ 1,493, 229 $ 1,570,621 Current liabilities $ 339,365 $ 342,764 $ 327,124 $ 393,311 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 Accounts…
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Oo.99.9 Subject :- Account
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…
Hh1. Account
Item 20 of 30 Following are the selected ratios for Petron Corp. (an oil and gas exploration company) and Selecta Co. (a dairy products firm) for the year 2020. Which set of ratios belongs to Petron? Why do you think so? Company A Company B Asset turnover ratio 2.15 40 Profit margin 0.04 47
Subject : Accounting'