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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

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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 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 $ 4,620,430 $ 87,808 408,147 806, 318 Year 2 $ 4,770,800 Year 4 $ 5,455,380 $ 73,573 Year 3 $ 5,031,440 $ 106,959 430,274 872,927 $ 1,410,160 $ 103,661 438,369 823,654 $ 1,365,684 $ 308,118 - $349,761 $336,140 $ 321,974 $ 1,302,273 502,816 896,507 $1,472,896 Year 5 $ 5,823,510 $ 70,907 568,970 901,045 $ 1,540,922 $ 404,644 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).) Answer is complete but not entirely correct. Year 1 Year 2 Sales 100.0% 100.0% Year 3 100.0% Year 4- 100.0% Year 5 100.0% Current assets: Cash 1.9% 220% 2.0% Accounts receivable, net 8.8% 9.0% 8.7% 1.30 % 92.2% 120 % 9.8% Inventory 17.5% 18.3% 16.4% 16.4% 15.5% Total current assets 28.2 % 29.6% 27.1% 27.0% 26.4% Current liabilities 6.7% 7.30% 6.7% 5.9% 6.9%

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