- Exercise 14 7 Algo Trend Percentages Lo14 1 Rotorua Products Limited Of New Zealand Markets Agricultural Products F 1 (22.3 KiB) Viewed 47 times
- Exercise 14 7 Algo Trend Percentages Lo14 1 Rotorua Products Limited Of New Zealand Markets Agricultural Products F 2 (20.68 KiB) Viewed 47 times
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 2 Year Year Sales $ 4,507,110 $4,793,630 $ 5,12,430 5.5,125,230 5.9,740,400 Cash 331,761 593,937 5.963 5.67.23 Accounts receivable, net 412,154 436,587 442,022 506,270 567,423 Thventory 100,7 367/540 125.61 3507 90.22 Total current assets 5 1,301,700 $ 1,396,061 5 1.09,732 51.545,416 Current Hibilities $329,299 $26.910 5193,122 Required: 1. Express all of the asset, liability, and sales data in trend percentages. Use Year as the base yeat (Round your percentage answers to 1 decimal place (le, 01234 should be entered : 12.3).)
Requr 1 Express all of the asset, liability, and sales data in trend percentages. Use Year 1 as the base yeat (Round your percentage answers to 1 decimal place (ie, 0.1234 should be entered as 12.3).) % % % % % % % Sales Current asset Cash Accounts receivable, not Inventory Total current assets Current liabilities % % X % 3