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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 2 $ 4,799,310 $ 89,360 425,434 876,659 Year 1 $ 4,688,810 $ 83,752 414,157 804,158 $ 1,391,453 $ 311,266 $ 336,095 $ 1,302,067 Year 3 $ 5,056,980 $ 101,383 442,329 831,381 $ 1,375,093 $ 339,098 Year 4 $ 5,538,800 $ 89,834 502,143 893,087 $ 1,485,064 $ 334,075 Year 5 $ 5,782,230 $ 64,277 561,995 906,206 $ 1,532,478 $ 405,379 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).)
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