- Rotorua Products Limited Of New Zealand Markets Agricultural Products For The Burgeoning Asian Consumer Market The Co 1 (157.54 KiB) Viewed 43 times
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 3 Year 4 Sales Cash Accounts receivable, net Inventory Total current assets Year 1 $ 4,520,310 $ 94,099 419,598 801, 644 $ 1,315,341 $ 318,572 Year 2 $ 4,791,230 $ 89,699 433,168 873,023 $ 1,395,890 $ 336,720 $ 4,964,170 $ 96,493 441,329 828,444 $ 1,366, 266 $ 326,081 $ 5,547,980 $ 78,248 499,253 899, 343 $ 1,476,844 $ 320,291 Year 5 $ 5,712,050 $ 72,178 570,528 906,011 $ 1,548,717 $ 394,037 Current liabilities 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, net Inventory % % % % % % % Total current assets % % % % Current liabilities % % % % %