Rotorua Products, Ltd., of New Zealand markets agricultural products for the bur
ID: 2493838 • Letter: R
Question
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):
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 Assest
cash
Accounts Receiable
Inventory
Total Current Assets
Current Liabilites
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):
Explanation / Answer
Data in trend percentages ( Year 1 as base year)
Year 2 Year3 Year 4 Year 5
Sales 103.8% 107.7% 119.1% 123.9%
Current assets:
Cash 116.4% 121.5% 96.6% 95.1%
Accounts Receivable 104.3% 110.3% 126.4% 141.3%
Inventory 107.9% 102% 109.3% 110.5%
Total Current Assets 107.3% 105.8% 113.7% 119%
Current Liabilities 109.8% 105.9% 105.9% 133.1%
Note:- Trend percentage = current year's data / base year * 100
current year 'data value is in respect to sales , total current assets and liability as their year 2 , year 3 , year 4 , year 5 shows.
In Trend percentage, percentage above 100% shows increase in value of assets or liability , And below 100% shows reduction in the value of assets and liability with respect to the base year 1
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