Question: EXERCISE 16-5 Trend Percentages Rotorua Products, Ltd., of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company's current assets, current


EXERCISE 16-5 Trend Percentages 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): Accounts receivable, net Inventory Total cvrentassets . Current lities SNZ stands for New Zealand donars. Required: SNZ22so.ooo SNZ 30.000 570.000 750.000 $NZI uO.OOO $NZ 640.000 SNZ 510.CCO Sul.270,cco SNZ $NZ2.070.ooo 48. ooo 405.000 690.0m SNz1.t4a.ooo 520.000 SNZI .980.OOO SNZ 65.000 345,000 660.000 SNZI 070.000 $NZ 440,000 SNZI 800.00 SNZ 50.00 Suz 950.00 SNZ 400.00 Express all of the asset, liability, and sales data in trend percentages. (Show percentages for each item.) Use Year 1 as the base year and carry computations to one decimal place. . Comment on the results of your analysis. Year 5 Year 4 Year 3 Year 2 Year 1 Sales Current assets: Cash Accounts receivable Invento Total current assets Current liabilities
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