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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
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 $ 4,631,320 $ 88,032 402,524 800,473 Year 2 $ 4,789,690 $ 99,236 435,758 864,973 5 1,291,029 $ 300,794 $ 1,399,967 $343,396 Year 3 $ 5,052,670 $ 98,981 432,578 818,453 5 1,350,012 $331,101 Year 4 $ 5,423,780 $ 79,887 512,958 896,654 5 1,489,499 $ 332,658 Year 5 $ 5,812,960 $ 72,799 560,529 986,805 $ 1,540,133 $ 390,221 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 % % % % % Total current assets % % % % % Current liabties % % %
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