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ces Rotorua Products, Limited, of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company's current assets, current liabilities, and sales
ces 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 1 $ 4,638,140 $91,221 413,243 800,401 Year 2 $ 4,774,370 $88,961 424,257 883,538 Year 3 $5,058,330 Year 4 $5,435,690 $96,912 432,435 821,172 $ 81,872 503,084 $ 1,304,865 $318,259 $ 1,396,756 $340,605 $ 1,350,519 $341,285 895,723 $1,480,679 $319,831 Year 5 $ 5,629,170 $ 75,615 576,476 914,501 $1,566,592 $ 398,248 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 Current assets Cash Accounts receivable, nel Inventory Total current assets Current abilities Year 1 Year 2 Year 3 Year 4 Year 5 %6 % % % % 96
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