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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 Babilities, and sales over
Rotorua Products, Limited, of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company's current assets, current Babilities, and sales over the last five years (Year 5 is the most recent year) are as follows: Sales Cash Accounts receivable, net Inventory Tetal current assets Current Liabilities Required: Year 1 $ 4,502,270 $91,384 414,878 803,517 $1,309,779 $309,215 Year 2 $ 4,781,450 $ 100,944 423,885 869,174 $1,394,003 $336,945 Year 3 $ 4,966,610 $ 101,678 445,113 826,022 $ 1,372,813 Year 4 $ 5,574,960 $ 86,839 513,464 889,239 $1,489,542 $ 335,006 $ 328,603 Year 5 $ 5,707,430 $ 69,178 572,201 910,721 $1,552,100 $406,401 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).) Sales Year 1 Year 2 Year 3 Year 4 Year 6 % % Current assets Cash S %/ N Accounts receivable, net N % N Inventory N Total current assets % % % % Current liabilities %
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