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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 $ 4,764,470 Year 1 $ 4,592,260 $ 82,598 415,973 818,775 $ 91,331 431,263 878,725 $ 1,317,346 $ 1,401,319 $ 319,948 $ 334,111 Year 3 $ 5,021,010 $ 85,171 441,204 831,995 $ 1,358,370 $ 337,096 Year 4 $ 5,436,000 $ 91,926 501,328 880,558 $ 1,473,812 $ 319,519 Year 5. $ 5,634,320 $ 82,425 577,887 905,026 $ 1,565,338 $ 392,144 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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