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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 $ 4,691,030 $ 93,712 405,235 809,986 Year 2 $ 4,830,970 $ 100,402 427,343 883,682 Year 3 $ 5,006,530 Year $ 5,5 $ 94,331 444,425 822,135 $ 4 8 $ 1,308,933 $ 1,411,427 $ 1,360,891 $1,4 $ 313,461 $ 343,559 $ 324,153 $ 3 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 Year 3 Year 4 Year 5 Sales % % % % Current assets: + Cash % Accounts receivable, net % Inventory % Total current assets % Current liabilities- % xxxxx % % % % % % % % % % % % % % % % % % % %
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