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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 $ 4,678,300 $ 85,085 417,213 807,383 $1,309,681 $316,618 Year 2 $ 4,780,420 $ 95,607 428,952 879,380 $ 1,403,939 $ 340,220 Year 3 $ 5,046,220 $ 92,598 432,956 833,429 $ 1,358,983 $341,473 Year 4 $ 5,531,140 $ 85,053 510,785 894,894 $ 1,490,732 $ 326,350 Year 5 $ 5,790,990 $ 68,479 566,296 912,815 $ 1,547,590. $ 392,982 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 (ie., 0.1234 should be entered as 12.3).) Sales Current assets Year 1 Year 2 Year 3 Year 4 Year 5 % % % % % Cash % Accounts receivable, net % % % % Inventory % % % % % Total current assets % % % % % Current liabilities % % % % % % % % %
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