31 Schmidt Inc. markets agricultural products for the burgeoning Asian consumer market. The company's current assets,...

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31 Schmidt Inc. 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: 01:48:29 Sales Cash Accounts receivable, net Inventory Total current assets Year 1 $ 4,605,960 $ 93,348 413,095 805,494 $ 1,311,937 $ 316,371 Year 2 $ 4,873,020 $ 101,758 433,849 879,779 $ 1,415,386 $ 336,687 Year 3 $ 5,111,740 $ 94,533 442,938 835,371 $ 1,372,842 $ 334,996 Year 4 $ 5,585,220 $ 89,307 497,130 889,052 $ 1,475,489 $ 328,817 Year 5 $ 5,699,510 $ 67,316 571,355 906,063 $ 1,544,734 $ 401,192 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 % % % % 31 Schmidt Inc. 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: 01:48:29 Sales Cash Accounts receivable, net Inventory Total current assets Year 1 $ 4,605,960 $ 93,348 413,095 805,494 $ 1,311,937 $ 316,371 Year 2 $ 4,873,020 $ 101,758 433,849 879,779 $ 1,415,386 $ 336,687 Year 3 $ 5,111,740 $ 94,533 442,938 835,371 $ 1,372,842 $ 334,996 Year 4 $ 5,585,220 $ 89,307 497,130 889,052 $ 1,475,489 $ 328,817 Year 5 $ 5,699,510 $ 67,316 571,355 906,063 $ 1,544,734 $ 401,192 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 % % % %