Rotorua Products sells agricultural products in the burgeoning Asian market. The company's current assets, current liabilities, and salesover the last five years (Year 5 is the most recent year) are as follows:SalesCashAccounts receivable, netInventoryTotal current assetsCurrent liabilitiesSalesCurrent assets:CashAccounts receivable, netInventoryTotal current assetsCurrent liabilitiesYear 11Year 2Year 3Year 4Year 5$4,545,400 $4,737,850 $ 5,126,380 $5,421,900 $5,776,190Year 1$ 88,854418,283800,380$ 1,307,517$ 313,578Required:1. Express all of the asset, liability, and sales data in trend percentages. Use Year 1 as the base year.Note: Round your percentage answers to 1 decimal place (i.e., 0.1234 should be entered as 12.3).%%%%%%Year 2$ 88,845$ 77,057435,833587,279$ 90,380417,076876,061$1,383,517 $ 1,350,248 $ 1,466,414 $1,552,502$ 346,822 $ 336,685 $ 335,107 $ 390,612825,570882,078%%%%%%Year 3%%%%Year 4%%$ 80,928569,984901,590Year 5

The question requests the computation of trend percentages for sales, current assets, and current…

Rotorua Products sells agricultural products in the burgeoning Asian 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: Sales Cash Accounts receivable, net Inventory Total current assets Current liabilities Year 11 Year 2 $4,545,400 $ 4,737,850 $ 88,854 418,283 800, 380 $ 90,380 417,076 876,061 $1,383,517 $ 1,307,517 $ 313,578 $ 346,822 Year 31 $5,126,380 Year 4 Year 5 $5,421,900 $5,776,190 $ 88,845 435,833 825,570 $ 77,057 587,279 882,078 $ 1,350,248 $ 1,466,414 $1,552,502 $ 336,685 $ 335,107 $ 390,612 $ 80,928 569,984 901,590 Required: 1. Express all of the asset, liability, and sales data in trend percentages. Use Year 1 as the base year. Note: Round your percentage answers to 1 decimal place (i.e., 0.1234 should be entered as 12.3).

Rotorua Products sells agricultural products in the burgeoning Asian 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: Sales Cash Accounts receivable, net Inventory Total current assets Current liabilities Year 11 Year 2 $4,545,400 $ 4,737,850 $ 88,854 418,283 800, 380 $ 90,380 417,076 876,061 $1,383,517 $ 1,307,517 $ 313,578 $ 346,822 Year 31 $5,126,380 Year 4 Year 5 $5,421,900 $5,776,190 $ 88,845 435,833 825,570 $ 77,057 587,279 882,078 $ 1,350,248 $ 1,466,414 $1,552,502 $ 336,685 $ 335,107 $ 390,612 $ 80,928 569,984 901,590 Required: 1. Express all of the asset, liability, and sales data in trend percentages. Use Year 1 as the base year. Note: Round your percentage answers to 1 decimal place (i.e., 0.1234 should be entered as 12.3).

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 39E: Cuneo Companys income statements for the last 3 years are as follows: Refer to the information for...

See similar textbooks

Similar questions

Rotorua Products, Limited, 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: Sales Cash Accounts receivable, net Inventory Total current assets Current liabilities Sales Current assets: Cash Accounts receivable, net Inventory Total current assets Current liabilities Year 1 Year 2 $ 4,654,890 $ 98,625 412,539 812,564 $ 4,785,720 $ 91,603 423,536 876,894 $ 1,323,728 $ 1,392,033 $ 339,515 $ 300,175 Required: 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).) Year 1 % % % % % % Year 2 % % % % % % Year 3. Year 4 Year 5. $ 5,597,560 $ 5,808,960 $ 4,989,130 $ 103,392 439,311 817,070 $ 1,359,773 $ 1,467,996 $ 1,554,121 $333,288 $ 328,594 $ 409,089 $ 74,976 501,957 891,063 $…
Rotorua Products sells agricultural products in the burgeoning Asian 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: Sales Cash Accounts receivable, net Inventory Total current assets Current liabilities Sales Current assets: Cash Accounts receivable, net Inventory Total current assets Current liabilities Year 1 100.0 Year 1 $ 4,513,330 $ 86,858 414,137 805,814 $ 1,306,809 100.0 100.0 100.0 100.0 100.0 % Required: 1. Express all of the asset, liability, and sales data in trend percentages. Use Year 1 as the base year. Note: Round your percentage answers to 1 decimal place (i.e., 0.1234 should be entered as 12.3). % % Year 2 $ 4,867,400 $ 97,107 423,798 880,974 $ 1,401,879 $ 318,689 $ 335,942 % % % X Answer is not complete. Year 2 Year 3 $ 5,101,490 $ 88,212 447,360 824,047 $ 1,359,619 $ 324,994 % % % % % % Year 3 % % % % Year 5 Year 4 $5,485,330 $ 5,648,040 % % $ 91,910 507,318 894,402 $…
Rotorua Products, Limited, 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: Sales Cash Accounts receivable, net Inventory Total current assets Current liabilities Year 1 $ 4,608,930 $ 93,203 412,165 818,707 Year 2 $ 4,725,860 $ 92,695 422,309 871,312 Year 3 $ 5,129,440 $ 94,136 436,361 824,172 $ 1,324,075 $ 1,386,316 $ 1,354,669 $ 319,024 $ 337,764 $ 342,370 Year 4 $ 5,446,160 $ 77,427 507,172 888,573 $ 1,473,172 $ 322,795 Year 5 $ 5,684,050 $ 72,839 579,401 911,365 $ 1,563,605 $ 398,361 Required: 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).) Sales Year 1 Year 2 Year 3 Year 4 Year 5 % % % % % Current assets: Cash % % % % % Accounts receivable, net % % % % %…
Rotorua Products, Limited, 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: Sales Cash Accounts receivable, net Inventory Total current assets Current liabilities Required: Year 2 $ 4,811,010 $ 107,506 434,300 875,188 Year 1 $ 4,566,790 $ 83,177 412,248 808,923 $ 1,304,348 $ 1,416,994 $ 316,105 $ 348,257 Year 3 $ 5,042,090 $ 97,115 444,761 830,890 $ 1,372,766 $ 335,911 Year 4 $ 5,400,030 $ 82,132 512,978 891,938 $ 1,487,048 $ 321,500 Year 5 $ 5,684,250 $ 78,811 573,511 911,368 $ 1,563,690 $ 397,247 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).) Year 1 Year 2 Year 3 Year 4 Year 5 % % % % % Sales Current assets: Cash % % % % % Accounts receivable, net % % % % %…
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 $4,546,750 $4,760,520 $5,009,460 $5,429,040 $5,695,160 $ $ 2$ 2$ 87,970 513,073 895,198 $ 73,368 572,803 907,666 Cash 90,291 401,499 815,059 95,951 417,195 869,228 92,001 448,219 832,208 Accounts receivable, net Inventory Total current assets $1,306,849 $1,382,374 $1,372,428 $1,496,241 $1,553,837 Current liabilities $ 318,258 $ 335,298 $ 335,856 $ 325,402 $ 399,778 Required: 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).) Year 1 Year 2 Year 3 Year 4 Year 5 Sales % % % % % Current assets: Cash Accounts receivable Inventory Total current…
Rotorua Products, Limited, 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 Yeae S Sales $ 4,600, 790e $4,921,690 5 96,916 426, 158 70, 711 $1.393,785 $5,015,37e $ 5,543,20 S 17,60 $5,650,520 Cash Accounts receivable, net Inventory Total current assets $.95,408 407,016 507,300 451,111 833, 392 $1,371,80) 5 78,245 562,006 B4, 150 $1,479,622 $1,311,000 $1,549,3 Current 1labilities 5 302,390 5 327,119 $ 328,044 Required: 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 plece (ie., 0.1234 should be entered as 12.3).) Year 1 Year 2 Year 3 Year 4 Year 5 Sales Current assets Cash Accounts receivable, net Inventory Total current assets Current labilities
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 $ 4,617,010 $ 4,754,310 $ 5,081,970 $ 5,459,390 $ 5,735,870 Cash $ 92,753 $ 90,069 $ 93,105 $ 80,319 $ 78,860 Accounts receivable, net 404,289 421,258 440,963 511,995 567,286 Inventory 808,517 867,939 816,543 882,341 903,474 Total current assets $ 1,305,559 $ 1,379,266 $ 1,350,611 $ 1,474,655 $ 1,549,620 Current liabilities $ 312,169 $ 333,151 $ 342,274 $ 318,352 $ 403,812 Required: 1. Express all of the asset, liability, and sales data in trend percentages. Use Year 1 as the base year.
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): image $NZ stands for New Zealand dollars. Required: Express all of the asset, liability, and sales data in trend percentages. (Show percentages for each item.) Use Year I as the base year and carry computations to one decimal place. Comment on the results of your analysis.
Examine the selected data over the 5-year period as shown in the table below for Dumbledore Ltd. Item Sales Cost of sales EBIT Interest NPAT Current assets Total assets current liabilities Total liabilities Equity Gross margin Interest coverage Current ratio 2021 $m 286.41 180.03 51.18 37.07 35.13 43.85 226.18 55.99 98.99 127.19 0.37 1.38 0.78 Year 2020 $m 280.80 166.69 51.08 33.70 35.10 43.20 221.75 53.58 91.66 130.09 0.41 1.52 0.81 2019 $m 275.29 154.35 50.98 30.64 35.06 42.56 217.40 51.27 84.87 132.53 0.44 1.66 0.89 2018 $m 269.89 142.91 50.88 27.85 35.03 41.93 213.13 49.06 78.58 134.56 0.47 1.83 U.OJ 2017 $m 264.60 134.19 49.88 25.32 34.51 41.31 206.93 47.40 74.48 132.44 0.49 1.97 0.87 2016 $m 252.00 126.00 48.90 24.00 34.00 40.70 200.90 45.80 70.60 130.30 0.50 2.04 0.89
Rotorua Products, Limited, 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 $ 4,629,850 $ 4,882,820 $ 5,051,360 $ 5,561,430 $ 5,779,850 Cash $ 92,281 $ 100,754 $ 100,089 $ 88,760 $ 74,387 Accounts receivable, net 400,699 434,827 445,236 507,424 568,470 Inventory 805,036 874,663 822,264 897,114 903,388 Total current assets $ 1,298,016 $ 1,410,244 $ 1,367,589 $ 1,493,298 $ 1,546,245 Current liabilities $ 317,424 $ 340,337 $ 332,468 $ 321,672 $ 391,861 Required: 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).)
Deere Company (DE) manufactures and distributes farm and construction machinery that it sells around the world. In addition to its manufacturing operations, Deeres credit division loans money to customers to finance the purchase of their farm and construction equipment. The following information is available for three recent years (in millions except per-share amounts): 1. Calculate the following ratios for each year. Round ratios and percentages to one decimal place, except for per-share amounts, which should be rounded to the nearest cent. a. Return on total assets b. Return on stockholders' equity c. Earnings per share d. Dividend yield e. Price-earnings ratio 2. Based on these data, evaluate Deeres profitability.
Juroe Company provided the following income statement for last year: Juroes balance sheet as of December 31 last year showed total liabilities of 10,250,000, total equity of 6,150,000, and total assets of 16,400,000. Required: 1. Calculate the return on sales. (Note: Round the percent to two decimal places.) 2. CONCEPTUAL CONNECTION Briefly explain the meaning of the return on sales ratio, and comment on whether Juroes return on sales ratio appears appropriate.