HAROUN COMPANY Comparative Income Statements For Years Ended December 31, 2017-2011 2015 ($ thousands) Sales Cost of goods sold Gross profit Operating 2017 2016 2014 2013 2012 2011 $1,754 $1,536 $1,397 $1, 281 $1,195 $1,111 $911 1,262 1,026 883 773 718 671 535 492 440 376 510 514 508 477 170 141 374 293 269 198 172 expenses 217 $ 270 $235 $ 118 $ 245 $ 310 $ 305 $ Net income HAROUN COMPANY Comparative Balance Sheets December 31, 2017-2011 2017 ($ thousands) 2016 2015 2014 2013 2012 2011 Assets 139 143 132 $ 135 $ 141 $ Cash $ Accounts receivable, 96 $ 127 $ 422 297 693 728 659 505 445 net Merchandise 1,595 1,344 1,025 744 2,508 1,825 1,207 inventory Other current assets 64 58 36 64 54 55 29 Long-term investments 0 0 C 198 198 198 198 1,189 3,069 3,057 2,674 1,508 1,559 1,385 Plant assets, net $6,430 $5,795 $5,096 $3,754 $3,604 $3,224 $2,600 Total assets Liabilities and Equity Current liabilities $1,618 $1,361 Long-term liabilities 893 743 645 $ 610 $ 393 1,464 680 1,727 1,504 694 752 564 1,170 1,040 Common stock 1,170 1,170 1,040 910 910 Other paid-in apital Retained earnings Total liabilities 260 293 293 293 260 228 228 1,622 1,467 1,276 1,031 965 724 505 $6,430 $5,795 $5,096 $3,754 $3,604 $3,224 $2,600 and equity Required: 1. Complete the below table to calculate the trend percents for all components of both statements using 2011 as the base year. (Round your percentage answers to 1 decimal place.) Complete this question by entering your answers in the tabs below. Comp IS Comp BS Complete the below table to calculate the trend percents for all components of comparative income statements using 2011 as the base year. HAROUN COMPANY Income Statement Trends For Years Ended December 31, 2017-2011 2016 2011 % 100.0% 2014 % 2012 2017 2015 2013 Sales % % % Cost of goods sold Gross profit Operating expenses Net income 100.0 100.0 100.0 % 100.0% % % % Comp BS Comp IS HAROUN COMPANY Comparative Balance Sheets December 31, 2017-2011 2017 ($ thousands) 2016 2015 2014 2013 2012 2011 Assets 141 $ 139 143 132 $ 135 $ Cash S 96 $ 127 $ Accounts receivable, 659 693 728 505 445 422 297 net Merchandise 1,595 2,508 1,344 1,207 1,025 1,825 744 inventory Other current assets 36 54 29 64 58 64 55 Long-term investments 0 0 198 198 198 198 3,069 3,057 2,674 1,508 1,559 1,385 1,189 Plant assets, net $6,430 $5,795 $5,096 $3,754 $3,604 $3,224 $2,600 Total assets Liabilities and Equity Current liabilities $l,618 $1,361 $ Long-term liabilities 645 $ 610 $ 393 893 743 $ 1,727 694 1,504 1,464 680 752 564 Common stock other paid-in apitai Retained earnings Total liabilities and equity 1,170 1,170 1,170 1,040 1,040 910 910 293 293 293 260 260 228 228 1,622 1,467 1,276 1,031 965 724 505 $6,430 $5,795 $5,096 $3, 754 $3,604 $3,224 $2,600 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 2012 2011 2017 2016 2015 2014 2013 Assets Cash Accounts receivable, net Merchandise inventory Other current assets Long-term investments Plant assets, net Total assets % 100.0% % % % % 100.0 100.0 100.0 100.0 100.0 % 100.0% % Liabilities and Equity Current liabilities % % 100.0% % % % Long-term liabilities Common stock Other paid-in capital Retained earnings Total liabilities & equity 100.0 100.0 100.0 100.0 % 100.0% % % % % % Comp IS Comp BS 36
