Sales data in trend percentages

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Reference no: EM13515147

Starkey Cos Sales, current assets, and current liabilities (all In thousands of dollars) have been reported as follows over the last 5 years (Year 5 is the most recent year):


Year 5

Year 4

Year 3

Year 2

Year 1

Sales

$5,625

$5,400

$4,950

$4,725

$4,500

Current Assets:






Cash

64

72

84

88

80

Accounts Rec

560

496

432

416

400

Inventory

896

880

816

864

800

Total Current Assets

$1,520

$1,448

$1,332

$1,368

$1,280

Current Liab.

390

318

324

330

300

Required:

1. Express all of the asset, liability, and sales data in trend percentages. Use Year 1 as the base year.


Year 5

Year 4

Year 3

Year 2

Year 1

Sales

%

%

%

%

%

Current Assets:






Cash






Accounts Rec






Inventory






Total Current Assets






Current Liab.






 

Reference no: EM13515147

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