Rotorua Products sells agricultural products in the burgeoning Asian market. I he company's current assets, current...
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Rotorua Products sells agricultural products in the burgeoning Asian market. I he 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 Required: $ 4,672,500 $ 4,796,370 Year 1 Year 2 Year 3 $ 5,021,870 Year 4 $ 5,449,030 $ 99,010 428,309 880,456 86,237 445,515 825,922 $ 1,306,155 $ 1,407,775 $ 1,357,674 $ 311,345 $ 341,402 $ 332,136 $ 331,921 $ 72,103 510,563 880,866 $ 1,463,532 Year 5 $ 5,658,380 $ 75,558 576,013 897,202 $ 1,548,773 $ 403,851 $ 81,692 416,276 808,187 1. Express all of the asset, liability, and sales data in trend percentages. Use Year 1 as the base year. Note: 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 5 100.0 % % % % % Sales Current assets: % % % % % Cash Accounts receivable, net Inventory % % % % % % % % % % Total current assets % % % % % % % % % % Current liabilities Rotorua Products sells agricultural products in the burgeoning Asian market. I he 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 Required: $ 4,672,500 $ 4,796,370 Year 1 Year 2 Year 3 $ 5,021,870 Year 4 $ 5,449,030 $ 99,010 428,309 880,456 86,237 445,515 825,922 $ 1,306,155 $ 1,407,775 $ 1,357,674 $ 311,345 $ 341,402 $ 332,136 $ 331,921 $ 72,103 510,563 880,866 $ 1,463,532 Year 5 $ 5,658,380 $ 75,558 576,013 897,202 $ 1,548,773 $ 403,851 $ 81,692 416,276 808,187 1. Express all of the asset, liability, and sales data in trend percentages. Use Year 1 as the base year. Note: 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 5 100.0 % % % % % Sales Current assets: % % % % % Cash Accounts receivable, net Inventory % % % % % % % % % % Total current assets % % % % % % % % % % Current liabilities
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