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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: $ 101,470 424,321 882,997 Year 1 $ 4,605,890 Year 2 $ 4,802,970 $ 93,057 415,610 807,396 $ 1,316,063 $ 1,408,788 $ 305,091 $ 338,641 Year 3 $ 5,035,950 $ 92,212 444,398 818,454 $ 1,355,064 $ 338,294 Year 4 $ 5,430,150 $ 84,764 514,412 897,760 $ 1,496,936 $ 329,660 Year 5 $ 5,652,980 $ 82,635 565,600 903,778 $ 1,552,013 $ 395,719 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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