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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 $ 4,507,580 $93,511 412,920 804,524 $ 1,310,955 5304,565 Year 2 $ 4,849,380 $107,158 423,614 874,236 $ 1,405,008 Year 3 $ 4,962,730 $ 98,620 439,252 829,926 $1,367,798 Year 41 $ 5,556,160 $ 79,324 505,933 887,906 $1,473,163 $340,989 $ 329,691 $ 332,521 Year 5 $ 5,662,560 $ 70,602 570,712 901,071 $ 1,542,385. $ 409,143 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 % % % %6 % Inventory % % % * % Total current assets % % % %6 % Current liabilities % % % %6 % Prev 1 of 6 Next >
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