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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 Year 2 $ 4,689,350 $ 4,855,420 $ 92,231 417,715 874,063 $ 85,009 415,111 802,105 $ 1,302,225 $ 1,384,009 $ 310,614 $ 338,912 Year 3 $ 5,047,140 $ 99,439 433,409 822,810 $ 1,355,658 $ 340,333 Year 4 $ 5,400,580 $ 73,002 511,679 890,039 $ 1,474,720 $ 322,618 Year 5 $ 5,715,360 $ 77,706 574,047 905,067 $ 1,556,820 $ 392,750 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 % % % % di di di di % % % % Current liabilities % % % % %
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