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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: Inventory Sales Cash Accounts receivable, net Total current assets Current liabilities Required: Year 1 $ 4,679,490 $91,297 419,382 800,310 $ 1,310,909 $315,824 Year 2 $ 4,826,140 $ 104,030 429,008 882,704 $ 1,415,742 $337,916 Year 3 $ 4,984,050 $87,567 445,341 833,269 $ 1,366,177 $ 341,968 Year 4 $ 5,545,950 $ 90,482 506,645 888,441 $ 1,485,568 $322,784 Year 5 $ 5,721,150 $ 65,874 571,477 911,628 $ 1,548,979 $406,519 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 (ie., 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 % % % % %
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