Rotorua Products, Limited, of New Zealand markets agricultural products for the burgeoning Asian consumer market. The...
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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 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: $ 101,484 432,838 875,690 Year 1 Year 2 $ 4,659,100 $ 4,832,210 $ 85,265 404,061 802,973 $ 1,292,299 $ 303,708 $ 334,721 $ 1,410,012 Year 3 $ 5,134,290 $ 88,446 445,312 832,265 $ 1,366,023 $ 342,918 Year 4 $ 5,439,070 $ 91,187 515,346 897,143 $ 1,503,676 $ 329,614 Year 5 $ 5,637,070 $ 79,413 563,345 909,912 $ 1,552,670 $ 390,871 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 5 100.0% % % % % Sales Current assets: Cash % % Accounts receivable, net Inventory % % % % Total current assets % % Current liabilities % % do do do do do % % % % % % % % % % % % % % % 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: $ 101,484 432,838 875,690 Year 1 Year 2 $ 4,659,100 $ 4,832,210 $ 85,265 404,061 802,973 $ 1,292,299 $ 303,708 $ 334,721 $ 1,410,012 Year 3 $ 5,134,290 $ 88,446 445,312 832,265 $ 1,366,023 $ 342,918 Year 4 $ 5,439,070 $ 91,187 515,346 897,143 $ 1,503,676 $ 329,614 Year 5 $ 5,637,070 $ 79,413 563,345 909,912 $ 1,552,670 $ 390,871 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 5 100.0% % % % % Sales Current assets: Cash % % Accounts receivable, net Inventory % % % % Total current assets % % Current liabilities % % do do do do do % % % % % % % % % % % % % % %
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