HAROUN COMPANY Comparative Income Statements For Years Ended December 31, 2017-2011 ($ thousands) Sales Cost of goods sold Gross profit Operating expenses Net income 2017 2016 2015 20142013 2012 2011 $2,131 $1,866 $1,698 $1,556 $1,452 $1,351 $1,107 650 457 172 $141 $ 262 $ 297$ 375 $ 370 $ 328 $ 285 1,533 1,247 1,073 625 328 598 457 619 357 939 617 242 872 580 210 535 207 HAROUN COMPANY Comparative Balance Sheets December 31, 2017-2011 ($ thousands) Assets 2013 $ 82 $ 108 $112 $ 114119 2,122 1,545 1,350 1,137 1,021 167 2017 2016 2015 2014 2012 2011 117 $ 121 252 629 Accounts receivable, net Merchandise inventor;y Other current assets Long-term investments Plant assets, net Total assets 587 616 558 357 868 428 167 2,596 2,586 2,262 1,277 ,319 1,173 1,007 $5,441 $4,904 $4,312 $3,177 $3,049 $2,728 $2,200 167 167 Liabilities and Equity Current liabilities Long-term liabilities Common stock Other paid-in capita.l Retained earnings Total liabilities and equity $1,367 $1,150 $ 754 $627 544 $ 515 332 477 770 193 428 $5,441 $4,904 $4,312 $3,177 $3,049 $2,728 $2,200 1,461 1,272 1,238 990 248 1,3751,244 1,082 636 770 193 614 575 880 220 875 587 880 220 990 248 990 248 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 Comp IS Comp BS Complete the below table to calculate the trend percents for all components of comparative income statements using 2011 as the base year. HAROUN COMPANY Income Statement Trends For Years Ended December 31. 2017-2011 2017 2016 2015 2014 2013 2012 2011 %) Sales Cost of goods sold Gross profit Operating expenses Net income 100.01% 100.0 100.0 100.0 100.01% %| Comp IS Comp BS> 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 Comp IS Comp BS Complete the below table to calculate the trend percents for all components of comparative balance sheets using 2011 as the base year HAROUN COMPANY Balance Sheet Trends December 31, 2017-2011 2017 2016 2015 2014 2013 2012 2011 Assets Cash Accounts receivable, net Merchandise inventory Other current assets Long-term investments Plant assets, net Total assets %) 100.01% 100.0 100.0 100.0 100.0 100.0 100.01% %, Liabilities and Equity Current liabilities Long-term liabilities Common stock Other paid-in capital Retained earnings Total liabilities & equity %, 100.0% 100.0 100.0 100.0 100.0 % 100.01% Comp IS Comp BS>
