Business
Business, 13.05.2021 19:00, asher456581

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.

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 16:10, nsheikh2407
Regarding the results of a swot analysis, organizational weaknesses are (a) internal factors that the organization may exploit for a competitive advantage (b) internal factors that the organization needs to fix in order to be competitive (c) mbo skills that should be emphasized (d) skills and capabilities that give an industry advantages problems that a specific industry needs to correct
Answers: 1
image
Business, 22.06.2019 19:00, whitbol
The demand curve determines equilibrium price in a market. is a graphical representation of the relationship between price and quantity demanded. depicts the relationship between production costs and output. is a graphical representation of the relationship between price and quantity supplied.
Answers: 1
image
Business, 22.06.2019 19:40, gakodir
Last year ann arbor corp had $155,000 of assets, $305,000 of sales, $20,000 of net income, and a debt-to-total-assets ratio of 37.5%. the new cfo believes a new computer program will enable it to reduce costs and thus raise net income to $33,000. assets, sales, and the debt ratio would not be affected. by how much would the cost reduction improve the roe? a. 11.51%b. 12.11%c. 12.75%d. 13.42%e. 14.09%
Answers: 3
image
Business, 22.06.2019 21:10, leo4687
Match the terms with their correct definition. terms: 1. accounts receivable 2. other receivables 3 debtor 4. notes receivable 5. maturity date 6. creditor definitions: a. the party to a credit transaction who takes on an obligation/payable. b. the party who receives a receivable and will collect cash in the future. c. a written promise to pay a specified amount of money at a particular future date. d. the date when the note receivable is due. e. a miscellaneous category that includes any other type of receivable where there is a right to receive cash in the future. f. the right to receive cash in the future from customers for goods sold or for services performed.
Answers: 1
Do you know the correct answer?
Rotorua Products, Ltd., of New Zealand markets agricultural products for the burgeoning Asian consum...

Questions in other subjects:

Konu
Mathematics, 22.01.2021 18:50
Konu
English, 22.01.2021 18:50
Konu
Chemistry, 22.01.2021 18:50