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 i Inventory Total current assets Current liabilities Sales Current assots Cash Accounts receivable, net Inventory Total current assets) Current liabilities Year 1 N % % N % % Year 1 $4,500,900 $ 92,978 413,564 801,867 $ 1,308,409 $ 309,146 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 $ 4,805,550 $ 88,532 425,701 875,173 $1,309,406. $ 330,076 Year 3 % % % % % % Year 3 $5,005,870 $ 103,135 445,477 835,609 $ 1,384,221 $337,681 Year 4 % 1 % % % Year 4 $ 5,572,960 Year 6 $79,393 508,536 892,960 $1,400,009 $ 323,718 S % N Year 5 $5,736,410 196 $ 66,579 562,304 914,542 $ 1,543,425 $ 391,201

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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:
Sales
Cash
Accounts receivable, net
Inventory
Total current assets
Current liabilities
Sales
Current assots
Cash
Accounts receivable, net
Inventory
Total current assets
Current liabilities
Year 1
4
%
%
1%
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
$4,500,980
$ 92,978
413,564
801,867
$ 1,308,409
$ 309,146
Year 2
%
%
%
%
%
%
Year 2
$4,805,550
$ 88,532
425,701
875,173
$1,309,406
$ 330,076
Year 3
%
%
%
%
%
1%
Year 3
$ 5,005,870
$ 103,135
445,477
835,609
$ 1,384,221
$ 337,681
Year 4
%
%
%
1%
%
Year 4.
$ 5,572,960
$ 79,391
508,536
892,960
$1,480,009
$ 323,718
Year 5
%
S
%
Year 5
$5,736,410
N
%
$ 66,579
562,304
914,542
$ 1,543,425
$ 391,201
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: Sales Cash Accounts receivable, net Inventory Total current assets Current liabilities Sales Current assots Cash Accounts receivable, net Inventory Total current assets Current liabilities Year 1 4 % % 1% 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 $4,500,980 $ 92,978 413,564 801,867 $ 1,308,409 $ 309,146 Year 2 % % % % % % Year 2 $4,805,550 $ 88,532 425,701 875,173 $1,309,406 $ 330,076 Year 3 % % % % % 1% Year 3 $ 5,005,870 $ 103,135 445,477 835,609 $ 1,384,221 $ 337,681 Year 4 % % % 1% % Year 4. $ 5,572,960 $ 79,391 508,536 892,960 $1,480,009 $ 323,718 Year 5 % S % Year 5 $5,736,410 N % $ 66,579 562,304 914,542 $ 1,543,425 $ 391,201
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