Starkey Company's sales, current assets, and current liabilities (all in thousands of dollars) have been reported as follows over the last five years (Year 5 is the most recent year):
|
Year 5 |
Year 4 |
Year 3 |
Year 2 |
Year 1 |
| Sales |
$ |
5,765 |
|
$ |
5,410 |
|
$ |
5,120 |
|
$ |
4,855 |
|
$ |
4,600 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Current assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Cash |
$ |
82 |
|
$ |
91 |
|
$ |
89 |
|
$ |
102 |
|
$ |
96 |
|
| Accounts receivable |
|
571 |
|
|
503 |
|
|
450 |
|
|
431 |
|
|
408 |
|
| Inventory |
|
915 |
|
|
891 |
|
|
823 |
|
|
881 |
|
|
812 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total current assets |
$ |
1,568 |
|
$ |
1,485 |
|
$ |
1,362 |
|
$ |
1,414 |
|
$ |
1,316 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Current liabilities |
$ |
404 |
|
$ |
337 |
|
$ |
331 |
|
$ |
336 |
|
$ |
315 |
|
|
|
|
|
|
|
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|
|
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|
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|
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| Required: |
| 1. |
Express all of the asset, liability, and sales data in trend percentages. Use Year 1 as the base year.(Round your answers to 1 decimal place.)
|
|
Year 5 |
Year 4 |
Year 3 |
Year 2 |
Year 1 |
| Sales |
% |
% |
% |
% |
% |
| Current assets: |
|
|
|
|
|
| Cash |
% |
% |
% |
% |
% |
| Accounts receivable |
% |
% |
% |
% |
% |
| Inventory |
% |
% |
% |
% |
% |
| Total current assets |
% |
% |
% |
% |
% |
| Current liabilities |
% |
% |
% |
% |
% |
|