Business, 10.12.2021 22:10 kayla232734

"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 $ 1,800,000 $ 1,980,000 $ 2,070,000 $ 2,160,000 $ 2,250,000
Cash $ 50,000 $ 65,000 $ 48,000 $40,000 $ 30,000
Accounts receivable, net 300,000 345,000 405,000 510,000 570,000
Inventory 600,000 660,000 690,000 720,000 750,000
Total current assets $ 950,000 $ 1,070,000 $ 1,143,000 $ 1,270,000 $ 1,350,000
Current liabilities $ 400,000 $ 440,000 $ 520,000 $ 580,000 $ 640,000
Required:
Express all of the asset, liability, and sales data in trend percentages.

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