Rotorua Products, Limited, of New Zealand markets agricultural products for the burgeoning Asian consumer market. The...
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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 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 Year 2 $ 4,643,560 $ 4,740,140 $5,063,610 $ 5,581,340 $5,667,860 $ 95,758 412,692 811,983 Year 3 $ 103,781 418,669 877,364 $ 93,161 441,595 821,592 Year 4 Year 5 $ 78,639 499,884 888,738 $ 80,377 561,355 913,171 $ 1,320,433 $1,399,814 $ 1,356,348 $ 1,467,261 $ 1,554,903 $ 307,203 $ 336,397 $ 341,965 $ 322,182 $ 394,159 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 % % 90 % 100 % % Current assets: Cash % % % % % Accounts receivable, net % % % Inventory % % % Total current assets % % % Current liabilities % % % %%% % % % % 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 Year 2 $ 4,643,560 $ 4,740,140 $5,063,610 $ 5,581,340 $5,667,860 $ 95,758 412,692 811,983 Year 3 $ 103,781 418,669 877,364 $ 93,161 441,595 821,592 Year 4 Year 5 $ 78,639 499,884 888,738 $ 80,377 561,355 913,171 $ 1,320,433 $1,399,814 $ 1,356,348 $ 1,467,261 $ 1,554,903 $ 307,203 $ 336,397 $ 341,965 $ 322,182 $ 394,159 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 % % 90 % 100 % % Current assets: Cash % % % % % Accounts receivable, net % % % Inventory % % % Total current assets % % % Current liabilities % % % %%% % % % %
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