Answer Happy

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 $ 4,651,040 $ 88,213 416, 549 812, 138 $ 1,316,900 $314,161 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 $ 4,823,810 $ 99,317 417,494 879,914 $ 1,396,725 $ 334,722 Year 3 % % % % % % Year 3 $ 5,102,880 $ 100,305 440, 728 821, 521 $ 1,362,554 $ 326,221 Year 4 % % % % % % Year 4 $5,459,140 Year 5 $ 86,854 498,961 894,362 $ 1,480,177 $319,980 % Year 5 $5,658,780 % % % % % $ 71,928 571,140 915,391 $ 1,558,459 $ 402, 558