Question
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 $ 4,669,610 $98,315 403,422 804,918 $ 1,306,655 $307,621 Year 21 $ 4,885,940 $ 88,065 417,959 870,077 $ 1,376,101 $349,015 Year 31 $ 5,045,570 $ 85,368 445,372 832,349 $ 1,363,089 $ 342,994 Year 4 $ 5,587,690 $ 73,399 511,054 882,786 $ 1,467,239 $ 336,428 Year 5. $ 5,818,340 $ 80,582 563,248 910,852 $ 1,554,682 $ 391,820 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).) Year 1 Year 2 Year 3 Year 4 Year 5 Sales % % % % % Current assets: Cash % % % % % Accounts receivable, net % % % % % Inventory % % % % % Total current assets % % % % % Current liabilities % % % % %
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