HAROUN COMPANY

Comparative Income Statements For Years Ended December 31, 20142008 ($ thousands)

2014 2013 2012 2011 2010 2009 2008

Sales $ 1,694 $ 1,496 $ 1,370 $ 1,264 $ 1,186 $ 1,110 $ 928

Cost of goods sold 1,246 1,032 902 802 752 710 586

Gross profit 448 464 468 462 434 400 342

Operating expenses 330 256 234 170 146 144 118

Net income $ 118 $ 208 $ 234 $ 292 $ 288 $ 256 $ 224

HAROUN COMPANY
Comparative Balance Sheets
December 31, 20152009
($ thousands)		2015			2014			2013			2012			2011			2010			2009
Assets
Cash	$	58		$	78		$	82		$	84		$	88		$	86		$	89
Accounts receivable, net		490			514			466			360			318			302			216
Merchandise inventory		1,838			1,364			1,204			1,032			936			810			615
Other current assets		36			32			14			34			28			28			9
Long-term investments		0			0			0			146			146			146			146
Plant assets, net		2,020			2,014			1,752			944			978			860			725
Total assets	$	4,442		$	4,002		$	3,518		$	2,600		$	2,494		$	2,232		$	1,800
Liabilities and Equity
Current liabilities	$	1,220		$	1,042		$	718		$	614		$	546		$	522		$	282
Long-term liabilities		1,294			1,140			1,112			570			580			620			400
Common stock		1,000			1,000			1,000			850			850			650			650
Other paid-in capital		250			250			250			170			170			150			150
Retained earnings		678			570			438			396			348			290			318
Total liabilities and equity	$	4,442		$	4,002		$	3,518		$	2,600		$	2,494		$	2,232		$	1,800

1. 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	%