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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 $ 4,671,610 $ 88,520 418,500 804, 617 $ 1,311,637 Year 2 $ 4,740,620 $ 96,856 423,307 880,637 $1,400, 800 $307,021 $ 349,255 Year 31 $ 5,019,420 $ 92,760 438,933 827,399 $ 1,359,092 $ 340,803 Year 4 $ 5,426,400 $ 76,523 496, 554 897,874 $ 1,470,951 $ 327,348 Year 5 $ 5,772,890 $ 82,058 572,975 902,914 $ 1,557,947 $409,358 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 (.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 % % % 96 % Inventory % % % % % Total current assets % % % % % Current liabilities % % % % %
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