Vikarmbhai Rotorua Products, Limited, of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company'scurrent assets, current liabilities, and sales over the last five years (Year 5 is the most recent year) are as follows:SalesCashAccounts receivable, netInventoryTotal current assetsCurrent liabilitiesRequired:$ 104,753418,755878,807Year 3$ 5,112,550$ 87,005445,534826,592Year 1$ 4,631,440Year 2$ 4,832,860$ 81,912412,316814,240$ 1,308,468$ 1,402,315$ 1,359,131$ 300,322$ 337,995$ 325,399Year 4$ 5,403,600$ 81,484499,753890,548$ 1,471,777$ 333,257Year 5$ 5,636,230$ 78,033571,235907,255$ 1,556,523$ 406,1761. Express all of the asset, liability, and sales data in trend percentages. Use Year 1 as the base year. (Round your percentage answersto 1 decimal place (i.e., 0.1234 should be entered as 12.3).)

To express the asset, liability, and sales data in trend percentages using Year 1 as the base year,…

Answered: Rotorua Products, Limited, of New…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter16: Financial Statement Analysis

Section: Chapter Questions

Problem 3MAD: Deere Company (DE) manufactures and distributes farm and construction machinery that it sells...

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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 $4,593,830 $ 87,529 404,278 801,291 $ 1,293,098 $ 304,544 Year 1 Year 2 $4,780,780 $93,256 426,549 868,050 $ 1,387,855 $ 338,428 % % % % % % % % % % Year 3 $4,986,700 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).) ered as 12 Year 2 Year 3 $ 86,310 433,877 819,354 $ 1,339,541 $ 334,294 % % % % Year 4 $ 5,563,020 Year 4 $ 77,754 496,981 899,709 $1,474,444 $ 322,187 % % % % Year 5 $ 5,640,450…
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 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 $ 5,109,920 Year 4 $5,426,160 Sales Cash $ 4,913,430 $ 107,166 418,831 872,823 $ 4,517,760 $ 84,222 404,401 613,759 $ 1,302,382 $314,605 Accounts receivable, net $ 96,378 433,712 823,556 Year 5 $ 5,678,400 $67,491 577,175 896,962 $ 80,729 510,535 897,844 Inventory Total current assets $ 1,541,628 $ 1,398,820 $ 345,031 $ 1,353,646 $ 329,686 $1,489,108 $ 334,022 current liabilities: $ 394,277 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, not Inventory Total current assets 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 Year 5 Sales $ 4,632,090 $ 4,889,470 $ 4,994,970 $ 5,440,450 $ 5,736,120 Cash $ 83,883 $ 107,036 $ 94,610 $ 88,260 $ 66,503 Accounts receivable, net 416,977 435,170 442,184 501,060 565,287 Inventory 805,509 868,062 819,753 892,341 915,826 Total current assets $ 1,306,369 $ 1,410,268 $ 1,356,547 $ 1,481,661 $ 1,547,616 Current liabilities $ 303,521 $ 335,136 $ 338,848 $ 335,371 $ 392,801 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).)
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.
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 50,000 300,000 600,000 Cash $4 24 Accounts receivable, net Inventory 65,000 345,000 660,000 48,000 405,000 40,000 510,000 30,000 570,000 750,000 $1,350,000 690,000 720,000 Total current assets $ 950,000 $1,070,000 $1,143,000 $1,270,000 Current liabilities $ 400,000 $ 440,000 $ 520,000 $ 580,000 $ 640,000 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, net % % % Inventory % % % % %…
Rotorua Products, Ltd., of New Zealand markets agricultural products for the burgeoning Asian consumermarket. The company’s current assets, current liabilities, and sales have been reported as follows over thelast five years (Year 5 is the most recent year):Year 5 Year 4 Year 3 Year 2 Year 1Sales ...................................... $NZ2,250,000 $NZ2,160,000 $NZ2,070,000 $NZ1,980,000 $NZ1,800,000Cash ...................................... $NZ 30,000 $NZ 40,000 $NZ 48,000 $NZ 65,000 $NZ 50,000Accounts receivable, net ....... 570,000 510,000 405,000 345,000 300,000Inventory ................................ 750,000 720,000 690,000 660,000 600,000Total current assets ............... $NZ1,350,000 $NZ1,270,000 $NZ1,143,000 $NZ1,070,000 $NZ 950,000Current liabilities .................... $NZ 640,000 $NZ 580,000 $NZ 520,000 $NZ 440,000 $NZ 400,000$NZ stands for New Zealand dollars.Required:1. Express all of the asset, liability, and sales data in trend percentages. (Show percentages for…
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 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 11 Year 2 Year 3 Year 4 Year 5 $4,545,400 $4,737,850 $ 5,126,380 $5,421,900 $5,776,190 Year 1 $ 88,854 418,283 800,380 $ 1,307,517 $ 313,578 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 $ 88,845 $ 77,057 435,833 587,279 $ 90,380 417,076 876,061 $1,383,517 $ 1,350,248 $ 1,466,414 $1,552,502 $ 346,822 $ 336,685 $ 335,107 $ 390,612 825,570 882,078 % % % % % % Year 3 % % % % Year 4 % % $ 80,928 569,984…
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.

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