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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 Year 2 Year 3 $ 4,693,310 $ 4,860,700 $ 4,998,300 $ 5,441,080 $ 94,056 401,112 806,638 $ 103,562 417,368 878,437 $ 85,041 450,872 817,178 Year 4 Year 5 $ 89,338 $ 5,676,180 $ 67,784 562,476 903,756 $ 1,301,806 $1,399,367 $ 1,353,091 $ 314,848 $ 332,384 $ 337,585 $ 1,475,727 $ 331,314 502,034 884,355 $ 1,534,016 $ 396,011 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 Year 1 Year 2 Year 3 Year 4 Year 5 % % % % % Current assets: Cash % % % % Accounts receivable, net % % % % Inventory % % % % do do do % % % Total current assets % % % % % Current liabilities % % % % %
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