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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. Year 1 $4,596,870 $ 90,279 410,241 809,761 $1,310,281 $ 318,335 Year 2 $ 4,787,970 $ 91,295 428,666 883,260 $ 1,403,221 $ 349,053 Year 3 $ 5,063,230 $ 102,261 442,499 828,710 $1,373,470 $ 325,486 Year 4 $ 5,540,660 $ 88,095 510,346 884,094 $ 1,482,535 $ 320,200 Year 5 $5,710,800 $ 79,005 566,950 901,302 $ 1,547,257 $ 396,775 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).)

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 $4,596,870 $ 90,279 410,241 809,761 $1,310,281 $ 318,335 Year 2 $ 4,787,970 $ 91,295 428,666 883,260 $ 1,403,221 $ 349,053 Year 3 $ 5,063,230 $ 102,261 442,499 828,710 $1,373,470 $ 325,486 Year 4 $ 5,540,660 $ 88,095 510,346 884,094 $ 1,482,535 $ 320,200 Year 5 $5,710,800 $ 79,005 566,950 901,302 $ 1,547,257 $ 396,775 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).)

Managerial Accounting: The Cornerstone of Business Decision-Making
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 39E: Cuneo Companys income statements for the last 3 years are as follows: Refer to the information for...
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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 Sains Current assets Cash Accounts receivable, not Inventory Total current assets Current liabilities Year 1 % % % % % Year 1 $4,596,870 $ 90,279 410,241 809,761 $ 1,310,281 $ 318,335 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 $ 4,787,970 $ 91,295 428,666 883,260 $ 1,403,221 $ 349,053 Year 3 % % % % % % Year 3 $ 5,063,230 Year 4 $ 102,261 442,499 828,710 $ 1,373,470 $325,486 % % % % % % Year 4 $ 5,540,660 Year 5 $ 88,095 $10,346 884,094 $1,482,535 $ 320,200 % % Year 5 $ 5,710,800 % % % % $ 79,005 566,950 901,302 $ 1,547,257 $ 396,775
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 Sains Current assets Cash Accounts receivable, not Inventory Total current assets Current liabilities Year 1 % % % % % Year 1 $4,596,870 $ 90,279 410,241 809,761 $ 1,310,281 $ 318,335 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 $ 4,787,970 $ 91,295 428,666 883,260 $ 1,403,221 $ 349,053 Year 3 % % % % % % Year 3 $ 5,063,230 Year 4 $ 102,261 442,499 828,710 $ 1,373,470 $325,486 % % % % % % Year 4 $ 5,540,660 Year 5 $ 88,095 $10,346 884,094 $1,482,535 $ 320,200 % % Year 5 $ 5,710,800 % % % % $ 79,005 566,950 901,302 $ 1,547,257 $ 396,775
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