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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 Year 1 Year 2 $ 4,626,780 $ 4,919,320 $ 5,044,110 $5,511,200 $5,824,320 $ 95,897 402,840 812,266 $ 98,813 431,381 868,649 Year 3 Year 41 Year 5 $82,288 501,762 894,222 $ 79,150 576,529 901,292 $ 99,238 439,703 823,993 $ 1,311,003 $1,398,843 $ 1,362,934 $ 1,478,272 $ 1,556,971 Current liabilities Required: $ 317,870 $ 348,952 $ 325,025 $324,475 $ 397,367 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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