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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 $ 4,650,860 $ 98,347 411,807 813,162 $ 1,323,316 $310,043 Year 2 $ 4,884,100 $ 89,767 425,873 868,998 $ 1,384,638 Year 3 $ 5,122,720 $ 85,669 441,613 835,949 $ 1,363,231 $ 349,563 $ 334,999 Year 4 $ 5,588,880 $ 87,772 Year $ 5,65 $6 511,773 897,396 57 91 $1,56 $ 318,500 $ 48 $ 1,496,941 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 % % % % %
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