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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
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 $ 4,633,660 $ 96,149 410,700 819,791 $ 1,326,640 $302,225 Year 2 $ 4,804,990 $ 102,449 417,597 864,666 $ 1,384,712 Year 3 $ 4,957,410 $ 95,037 448,679 817,980 $1,361,696 $ 347,400 $ 325,805 Year 4 $ 5,477,020 $ 85,622 499,412 898,993 $1,484,027 $337,456 Year 5 $ 5,788,760 $ 82,150 563,792 902,060 $1,548,002 $ 404,292 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 (l.e., 0.1234 should be entered as 12.3).) Sales Year 1 Year 2 Year 3 Year 4 Year 5 % % % % Current assets: Cash % % % % % Accounts receivable, net % % % % % Inventory % % % % % Total current assets % % % % % Current liabilities % % % % %
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