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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 Year 1 Year 2 $ 4,535,510 $ 4,846,940 $ 81,291 403,038 818,870 $ 1,303,199 $ 300,688 $ 93,172 420,550 864,842 $ 1,378,564 $ 330,481 Year 3 $ 4,982,710 $ 102,487 437,491 828,613 $ 1,368,591 $ 325,665 Year 4 $ 5,404,290 $ 88,032 497,238 886,613 $ 1,471,883 $ 322,773 Year 5 $ 5,704,550 $ 80,835 568,693 913,938 $ 1,563,466 $ 391,376 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).) Required: 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
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