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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 $ 4,695,100 $ 95,507 408,655 814,188 Year 2 $ 4,856,130 Year 3 $ 5,019,100 $106,817 426,487 871,606 $ 88,919 448,883 833,348 $ 1,318,350 $309,143 $ 1,404,910 $ 1,371,070 $ 349,490 $ 338,799 Year 4 $ 5,412,270 $ 79,031 496,214 897,161. $ 1,472,406 $325,965 Year 5 $ 5,820,140 $ 80,530 562,302 912,133 $1,554,965 $ 391,839 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 % % 95 Year 3 Year 4 Year 5 % % % Sales Current assets: Cash % % % % % Accounts receivable, net % % % % % Inventory % % % % % Total current assets. % % % % % Current liabilities % % % % %
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