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Exercise 14-7 Trend Percentages [L014-1] Rotorua Products, Ltd., of New Zealand markets agricultural products for...

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Exercise 14-7 Trend Percentages [L014-1] Rotorua Products, Ltd., 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 Year 5 $4,639,760 $4,738,630 $5,050,110 5,547,720 $5,735,530 $ 85,194 90,590 92,518 79,729 82,823 579,082 881,039910,182 $1,309,435 $1,384,734 $1,356,279 $1,466,528 $1,572,087 Year 1 Year 2 Year 3 Year 4 Sales Cash Accounts receivable, net Inventory Total current assets Current liabilities 505,760 407,403 816,838869502 424,317 440,675 823,086 $ 304,908 347,124 $ 340,463 322,629 399,902 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.e., 0.1234 should be entered as 12.3).) Year 1 Year 2 Year Year 4 Year Sales Current assets Cash Accounts receivable Inventory Total current assets Current liabilities

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