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RockieLuv7292
RockieLuv7292
06.08.2019 • 
Business

Rotorua products, ltd., 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 1 year 2 year 3 year 4 year 5 sales $ 4,588,460 $ 4,861,720 $ 5,074,410 $ 5,571,690 $ 5,822,620 cash $ 98,597 $ 104,064 $ 92,084 $ 77,551 $ 74,868 accounts receivable, net 411,411 435,071 446,849 511,453 579,010 inventory 809,668 869,291 822,584 896,385 910,149 total current assets $ 1,319,676 $ 1,408,426 $ 1,361,517 $ 1,485,389 $ 1,564,027 current liabilities $ 317,772 $ 345,698 $ 338,930 $ 323,694 $ 395,024 required: 1. express all of the asset, liability, and sales data in trend percentages. use year 1 as the base year

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