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Rotorua Products, Ltd., of New Zealand markets agricultural products for the burgeoning Asian consumer market....

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Accounting

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Rotorua Products, Ltd., of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company's current assets, current liabilities, and sales have been reported as follows over the last five years (Year 5 is the most recent year): Sales Year 1 Year 2 Year 3 Year 4 Year 5 $4,562,220 $4,771,540 $5,147,280 $5,528,570 $5,705,450 $ Cash Accounts receivable, net Inventory 98,580 $ 100,708 $ 96,853 $ 77,352 $ 67,150 412,228 422,983 450,916 508,689 576,934 810,185 869,683 833,226 893,142 900,996 Total current assets $1,320,993 $1,393,374 $1,380,995 $1,479,183 $1,545,080 Current liabilities $ 317,383 $ 341,732 $ 333,788 $ 323,627 $ 401,323 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 receivable Inventory Total current assets Current liabilities

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