HAROUN COMPANY
Comparative Income Statements
For Years Ended December 31, 20152009
($ thousands)			2015				2014				2013				2012				2011				2010			2009
Sales		$	1,444			$	1,265			$	1,151			$	1,055			$	984			$	915			$	750
Cost of goods sold			1,038				844				726				635				590				552				440
Gross profit			406				421				425				420				394				363				310
Operating expenses			308				241				221				163				141				140				116
Net income		$	98			$	180			$	204			$	257			$	253			$	223			$	194

HAROUN COMPANY

Comparative Balance Sheets

December 31, 20152009

($ thousands)

2015

2014

2013

2012

2011

2010

2009

Assets

Cash

$

130

$

172

$

178

$

182

$

189

$

187

$

193

Accounts receivable, net

933

980

887

680

599

568

400

Merchandise inventory

3,376

2,458

2,147

1,809

1,625

1,380

1,001

Other current assets

87

78

48

86

73

74

39

Long-term investments

0

0

0

266

266

266

266

Plant assets, net

4,130

4,114

3,600

2,031

2,099

1,865

1,601

Total assets

$

8,656

$

7,802

$

6,860

$

5,054

$

4,851

$

4,340

$

3,500

Liabilities and Equity

Current liabilities

$

2,178

$

1,832

$

1,202

$

1,000

$

868

$

820

$

529

Long-term liabilities

2,327

2,027

1,972

916

936

1,013

760

Common stock

1,575

1,575

1,575

1,400

1,400

1,225

1,225

Other paid-in capital

394

394

394

350

350

306

306

Retained earnings

2,182

1,974

1,717

1,388

1,297

976

680

Total liabilities and equity

$

8,656

$

7,802

$

6,860

$

5,054

$

4,851

$

4,340

$

3,500

Complete the below table to calculate the trend percents for all components of both statements using 2009 as the base year.

HAROUN COMPANY
Income Statement Trends
For Years Ended December 31, 20152009
	2015		2014		2013		2012		2011		2010		2009
Sales		%		%		%		%		%		%	100.0	%
Cost of goods sold													100.0
Gross profit													100.0
Operating expenses													100.0
Net income		%		%		%		%		%		%	100.0	%

HAROUN COMPANY
Balance Sheet Trends
December 31, 20152009
	2015		2014		2013		2012		2011		2010		2009
Assets
Cash		%		%		%		%		%		%	100.0	%
Accounts receivable, net													100.0
Merchandise inventory													100.0
Other current assets													100.0
Long-term investments													100.0
Plant assets, net													100.0
Total assets		%		%		%		%		%		%	100.0	%
Liabilities and Equity
Current liabilities		%		%		%		%		%		%	100.0	%
Long-term liabilities													100.0
Common stock													100.0
Other paid-in capital													100.0
Retained earnings													100.0
Total liabilities & equity		%		%		%		%		%		%	100.0	%