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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 $ 4,621,620 Year 2 $ 4,817,150 $91,982 426,427 872,870 $ 88,653 418,274 802,048 $ 1,391,279 $ 1,308,975 $ 302,005 Year 3 $ 4,994,160 $ 86,905 440,206 825,978 $1,353,089 $ 340,106 $ 329,716 Year 4 $ 5,451,100 $87,189 499,221 891,384 $ 1,477,794 $ 333,821 Year 5 $ 5,697,260 $ 72,473 571,298 911,015 $ 1,554,786 $ 399,627 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).) Sales Year 1 Year 2 Year 3 Year 4 Year 5 % % % % % Current assets: Cash % % % % % Accounts receivable, not % % % % % Inventory % % % % % Total current assets % % % % % Current liabilities % % % % %
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