Rotorua Products, Ltd., of New Zealand markets agricultural products for the bur

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).)

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 Year 1 Year 2 Year 3 Year 4 Year 5 A B C D E Sales 4510120 4817140 5014500 5564370 5670790 Cash 93190 90548 101028 76283 81030 Account receivable net 407842 431668 441567 506858 565985 Inventory 802747 875818 824954 899950 914572 Total Current Asset 1303779 1398034 1367549 1483091 1561587 Current Liabilities 307740 330595 328871 324929 400135 Trend Percentage Year 1 Year 2 Year 3 Year 4 Year 5 Base year F = ( B -A)/A*100 G = ( C -A)/A*100 H = ( D -A)/A*100 I = ( E -A)/A*100 Sales 6.8 11.2 23.4 25.7 Cash -2.8 8.4 -18.1 -13.0 Account receivable net 5.8 8.3 24.3 38.8 Inventory 9.1 2.8 12.1 13.9 Total Current Asset 7.2 4.9 13.8 19.8 Current Liabilities 7.4 6.9 5.6 30.0

Related Questions

Navigate

• Browse (All)
• Browse R
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.