dule Thirteen-Chapter 13 Assigned Homework 1 Selected comparative financial statements of Haroun Company follow HAROUN COMPANY Comparative Income Statenents For Years Ended December 31, 2017-2011 2017 2011 2013 2012 ts 2015 2014 2016 (S thousands) Sales $1,490 $1,3es $1,187 $1,es8 $1,015 $ 944 $774 656 432 454 609 570 pped 1,071 871 749 Cost of goods sold Gross profit Operating expenses 374 320 406 438 419 434 120 146 144 169 319 249 229 $ 100 $ 185 $209 $263 S 260 $230 $200 Net incone HAROUN COMPANY Comparative Balance Sheets December 31, 2017-2011 2017 Print 2012 2011 2016 2015 2014 2013 (S thousands) Assets Cash Accounts receivable, net Merchandise inventory Other current assets $ 171 168 $ 531 1,439 165 $135 826 2,998 S 152 $ 158 786 1.902 161 503 355 868 602 ferences 2,177 69 1,602 76 236 887 1,222 65 34 43 64 236 77 236 236 Long-tere investeents Plant assets, net 1,653 3,187 1,799 1,859 1,417 3,658 3,644 $7,666 $6,910 $6,076 $4,476 $4,297 $3,844 $3,100 Total assets Lisbilities and Equity Current 1iabilities Long-tere 1iebilities Comeon stock Other paid-in capital Retained earnings Total liebilities and equity $1,927 $1,621 $1,063 $ 1,795 1,395 340 $ 768 885 $ 726 468 1,746 1,395 349 2,061 1,395 811 828 897 673 1,240 310 1,085 271 865 1,085 271 603 1,240 310 1,230 349 1,523 $7,666 $6,910 $6,076 $4,476 $4,297 1,934 1,750 1,151 $3,844 $3,100 Required: 1, Complete the below table to calculate the trend percents for all components of both statements using 2011 as the base year. (Round your percentage answers to 1 decimal place.) Complete this question by entering your answers in the tabs below. kipped Required: 1. Complete the below table to calculate the trend percents for all components of both statements using 2011 as the E your percentage answers to 1 decimal place.) Book Complete this question by entering your answers in the tabs below. Print Comp BS Comp IS ferences Complete the below table to calculate the trend percents for all components of comparative income statements using 201 HAROUN COMPANY Income Statement Trends For Years Ended December 31, 2017-2011 2012 2011 2013 2015 2014 2016 2017 100.0 % % % % % Sales 100.0 Cost of goods sold 100.0 Gross profit 100.0 Operating expensesi 100.0 % Net income Comp BS Comp IS Comp BS Complete the below table to calculate the trend percents for all components of comparative balance sheets using 2011 as the b HAROUN COMPANY Balance Sheet Trends December 31, 2017-2011 2017 2016 2015 2013 2012 2011 2014 Assets % 100.0%| Cash % % % % Accounts receivable, net 100.0 Merchandise inventory 100.0 Other current assets 100.0 es Long-term investments 100.0 Plant assets, net 100.0 Total assets 100.0% % Liabilities and Equity Current liabilities % 100 0 % Long-term liabilities Common stock Other paid-in capital Retained earnings 100.0 100.0 100.0 100.0 Total liabilities & equity 100.0 %| Comp IS