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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 2 $ 4,882,040 $ 92,138 419,885 873,227 Year 1 $ 4,659,250 $ 96,444 407,227 810,569 $ 1,314,240 $ 1,385,250 $ 313,427 $ 335,334 Year 3 $ 5,046,310 $ 101,455 449,614 829,332 $ 1,380,401 $ 340,391 Year 4 $ 5,539,150 $ 74,723 499,861 898,847 $ 1,473,431 $ 324,810 Year 5 $ 5,788,160 $ 83,246 567,147 908,514 $ 1,558,907 $ 391,300 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).) Sales Year 1 Year 2 Year 3 Year 4 Year 5 % % % % % Current assets: Cash % % % % % Accounts receivable, net % % % % % Inventory % % % % % Total current assets % % % % % Current liabilities % % % % %
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