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Ch 17 Homework SW Help Save & CI 10 10 point Problem 17-1A Calculating and analyzing trend percents LO P1 Selected comparative financial statements of

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Ch 17 Homework SW Help Save & CI 10 10 point Problem 17-1A Calculating and analyzing trend percents LO P1 Selected comparative financial statements of Haroun Company follow. HAROUN COMPANY Comparative Income Statements For Years Ended December 31, 2019-2013 thousands) 2019 2013 2017 2014 2013 Sales $1,908 51,671 $1,520 $1,3951,300 $1,2095991 cost of goods sold 1.372 1.116 730 582 Gross profit 553 Operating expenses 320 212 Net Income 127 5 255 266 $ 336 3331204 $ 255 2016 2015 eBo 960 840 560 781 519 180 400 294 479 185 409 154 References $ HARUN COMPANY Comparative Balance Sheets December 31, 2010-2013 2019 2018 2017 2016 2015 2014 2013 (thousands) Assets Cash Accounts receivable, net Merchandise Inventory Other current assets Longtere investments plant assets. net 5 126 5167 $123 905 952 862 3,279 2,387 2,086 54 76 47 e 4,012 3,992 > 177 661 1,756 B3 258 1,973 $ 184 582 1,579 21 250 $181 551 1,341 72 258 1.312 $182 389 972 37 258 1,557 Mc GE ME Homework Saved Help o December 31, 2019-2013 2017 2016 2019 2018 2015 2014 2013 Assets % %% % 100.0 % 100.0 Book 100.0 100.0 100.0 1000 ences Cash Accounts receivable, net Merchandise Inventory Other current assets Long-term investments Plant assets, net Total assets Liabilities and Equity Current liabilities Long-term liabilities Common stock Other paid in capital Retained earnings Total liabilities & equity % 100.0 % mo 100.0 % 100.0 1000 100.0 100.0 100.0 % 96 Homework Saved Help o December 31, 2019-2013 2017 2016 2019 2018 2015 2014 2013 Assets % %% % 100.0 % 100.0 Book 100.0 100.0 100.0 1000 ences Cash Accounts receivable, net Merchandise Inventory Other current assets Long-term investments Plant assets, net Total assets Liabilities and Equity Current liabilities Long-term liabilities Common stock Other paid in capital Retained earnings Total liabilities & equity % 100.0 % mo 100.0 % 100.0 1000 100.0 100.0 100.0 % 96 0 2. Refer to the results from part 1. (a) Did sales grow steadily over this period? (0) Dia net income as a percent of sales grow past four years? (Did inventory increase over this period? Complete this question by entering your answers in the tabs below. eBook Required 1 Required 1 Comp IS Comp BS Required 2 Refer to the results from part 1. (a) Did sales grow steadily over this period? (b) Did net income as a percent of sales grow over the past four years? (c) Did inventory increase over this period? Cerences (a) Did sales grow steadily over this period? (b) Did net Income as a percent of sales grow over the past four years? (c) Did inventory increase over this period? 177 661 1,756 B3 258 1,973 $ 184 582 1,579 21 250 $181 551 1,341 72 258 1.312 $182 389 972 37 258 1,557 Mc GE ME Homework Saved Help o December 31, 2019-2013 2017 2016 2019 2018 2015 2014 2013 Assets % %% % 100.0 % 100.0 Book 100.0 100.0 100.0 1000 ences Cash Accounts receivable, net Merchandise Inventory Other current assets Long-term investments Plant assets, net Total assets Liabilities and Equity Current liabilities Long-term liabilities Common stock Other paid in capital Retained earnings Total liabilities & equity % 100.0 % mo 100.0 % 100.0 1000 100.0 100.0 100.0 % 96 Homework Saved Help o December 31, 2019-2013 2017 2016 2019 2018 2015 2014 2013 Assets % %% % 100.0 % 100.0 Book 100.0 100.0 100.0 1000 ences Cash Accounts receivable, net Merchandise Inventory Other current assets Long-term investments Plant assets, net Total assets Liabilities and Equity Current liabilities Long-term liabilities Common stock Other paid in capital Retained earnings Total liabilities & equity % 100.0 % mo 100.0 % 100.0 1000 100.0 100.0 100.0 % 96 0 2. Refer to the results from part 1. (a) Did sales grow steadily over this period? (0) Dia net income as a percent of sales grow past four years? (Did inventory increase over this period? Complete this question by entering your answers in the tabs below. eBook Required 1 Required 1 Comp IS Comp BS Required 2 Refer to the results from part 1. (a) Did sales grow steadily over this period? (b) Did net income as a percent of sales grow over the past four years? (c) Did inventory increase over this period? Cerences (a) Did sales grow steadily over this period? (b) Did net Income as a percent of sales grow over the past four years? (c) Did inventory increase over this period?

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