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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 $4,597,430 $94,114 416,859 817,785 $ 1,328,758 $313,133 Year 2 $4,866,860 $88,865 418,342 872,570 $ 1,379,775 $331,428 Year 31 $ 5,114,770 Year 4 $ 5,561,100 $ 76,926 510,078 893,922 $1,480,926 $ 342,575 $ 332,381 $ 84,046 449,758 831,859 $ 1,366,463 Year 5 $ 5,772,290 $ 69,909 574,055 915,394 $ 1,559,358, $ 408,365 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).) Year 1 Year 2 Year 3 Year 4 Year 5 Sales % % Current assets Cash % % % % % Accounts receivable, net % % % % % Inventory % % % % % Total current assets % % % Current liabilities % % % %
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