Reference no: EM132514832

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):

                                 Year 1            Year 2               Year 3                 Year 4                 Year 5

Sales                 $4,526,180          $4,830,470   $5,023,460    $5,516,890          $5,659,080

Cash                       $93,780         $106,168      $94,918      $75,278                  $64,881

Accounts receivable, net  411,311    428,661       448,784        502,906             577,614

Inventory                    816,975        880,330       827,849        884,542             902,517

Total current assets   $1,322,066   $1,415,159          $1,371,551    $1,462,726        $1,545,012

Current liabilities       $305,617       $334,574          $343,004           $326,168           $407,307

Required:

Question 1. 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).)