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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 $ 4,573,880 Year 2 $ 4,746,260 $ 92,710 413,583 803,285 $ 93,517 423,285 875,721 $ 1,309,578 $ 1,392,523 $ 314,001 $ 338,504 Year 3 $ 4,990,080 $ 92,940 444,743 834,526 $ 1,372,209 $ 342,290 Year 4 $ 5,412,970 $ 90,226 510,465 891,823 $ 1,492,514 $ 327,942 Year 5 $ 5,714,620 $ 74,330 574,330 909,198 $ 1,557,858 $ 391,870 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).) Year 1 Year 2 Year 3 Year 4 Year 5 % % % % % Sales Current assets: Cash % Accounts receivable, net % Inventory % Total current assets % Current liabilities % % % % % % do do do do do % % % % do do do do do % % % % % do do do do do % % di di di di do % % %
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