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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 Cashi Accounts receivable, net Inventory Total current assets Current liabilities Required: Year 1 $ 4,651,690 $ 80,740 402,511 815,311 $ 1,298,562 $ 313,370 Year 2 $ 4,733,010 $ 105,996 421,597 877,986 $ 1,405,579 $ 331,826 Year 3 $ 5,003,810 $ 89,366 449,201 834,412 $ 1,372,979 $ 339,257 Year 4 $ 5,505,280 $ 77,873 503,090 883,884 $ 1,464,847 $ 325,869 Year 5 $ 5,653,180 $ 73,172 560,235 906,671 $ 1,540,078 $ 396,098 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).) Year 1 Year 2 Year 3 Year 4 Year 5 Sales % % % % % Current assets: Cash % % % % % Accounts receivable, net % % % % % Inventory % % % % % Total current assets % % % % % Current liabilities % % % % %
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