Question: Rotorua Products, Ltd, of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company's current assets, current liabilities, and sales have been
Rotorua Products, Ltd, of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company's current assets, current liabilities, and sales have been reported as follows over the last five years (Year 5 is the most recent year): Year 1 Year 2 Year 3 Year 4 Year 5 Sales $4,526,520 $4,831.490 $5,052,920 $5,554,980 $5,754,570 Cash Accounts receivable, net Inventory s 99,379 92,799 $ 98,352 90,571 81,691 409,112 428,797 446.193 506,780 564,795 811.558 867,753 824,033 880,089 905,278 1.320,049 $1,389,349 $1,368,578 $1.477.440 $1,551,764 s 310,732 S 334,370 329,619 334,878 406,145 Total current assets Current liabilities Required 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.?., 0.1234 should be entered as 12.3).) Year 1 Year 3Year 4 Year 5 Year 2 Sales Current assets: Cash Accounts receivable Total current assets Current liabilities
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