1. Complete the below table to calculate the trend percents for all components of both statements using 2013 as the base year 2. Refer to the results from part 1. (a) Did sales grow steadily over this period? (6) Did net income as a percent of sales grow over the past four years? ( Did inventory increase over this period? Complete this question by entering your answers in the tabs below. Required 1 Required 1 Comp IS Comp BS Required 2 Complete the below table to calculate the trend percents for all components of comparative Income statements using 2013 as the base year. (Round you percentage answers to 1 decimal place.) HAROUN COMPANY Income Statement Trends For Years Ended December 31, 2019-2013 2018 2017 2016 % 1 % % 2019 2015 2014 2013 % % %6 100.0 % Sales Cost of goods sold Gross profit Operating expenses Net income 100.0 100.0 100.0 1000 % % Recue 1 Comp Required 1 Comp BS > Income Statement For Current Year Ended December 31 Sales $ 449,600 Cost of goods sold 297,750 Gross profit 151,850 Operating expenses 99,300 Interest expense 4,400 Income before taxes 48,150 Income tax expense 19,397 Net income $ 28,753 Assets Cash Short-term investments Necounts receivable, net Merchandise inventory CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity $ 14,000 Accounts payable 8,600 Accrued wages payable 30,600 Income taxes payable 32,150 Long-term note payable, secured by mortgage on plant assets 2,550 Common stock 152,300 Retained earnings $ 240,200 Total liabilities and equity $ 16,500 3,600 2,900 67.400 Prepaid expenses Plant assets, net Total assets 84,000 65,800 $ 240,200 Required: Compute the following: (1) current ratio. (2) acid-test ratio. (3) days' sales uncollected (4) inventory turnover. (5) days' sales in inventory. (6) debt-to equity ratio. (7) times interest earned (8) profit margin ratio, (9) total asset turnover (10) return on total assets, and (11) return on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below