HAROUN CUPANY Comparative Balance Sheets December 31, 2019-2013 2019 2018 2017 2016 2015 2014 2013 ($ thousands) Assets Cash Accounts receivable, net Merchandise inventory Other current assets Long-term investments Plant assets, net Total assets Liabilities and Equity Current liabilities Long-term liabilities Common stock Other paid in capital Retained earnings Total liabilities and equity $ 82 $ 108 $ 112 587 616 558 2,122 1,545 1,350 54 49 30 @ 2,596 2,586 2,262 $5,441 $4,984 54,312 $ 114 $ 119 $ 117 428 377 357 1,137 1,021 868 54 46 46 167 167 167 1,277 1,319 1,173 53,177 $3,049 $2,728 $ 121 252 629 24 167 1,007 $2,200 $1,367 $1,150 1,461 1,272 999 990 248 248 1,375 1,244 $5,441 $4,904 $ 754 1,238 990 248 1,082 $4,312 $ 627 575 880 220 875 $3,177 $ 544 587 880 220 818 $3,849 $ 515 636 770 193 614 $2,728 $ 332 477 270 193 428 $2,200 mework Help Savod Required: 1. Complete the below table to calculate the trend percents for all components of both statements using 2013 as the base yea 2. Refer to the results from part 1. (a) Did sales grow steadily over this period? (6) Did net income as a percent of sales grow ov past four years? ( Did inventory increase over this period? Complete this question by entering your answers in the tabs below. Required 1 Comp IS Required 1 Comp BS Required 2 Complete the below table to calculate the trend percents for all components of comparative income statements using 2013 as the b percentage answers to 1 decimal place.) HAROUN COMPANY Income Statement Trends For Years Ended December 31, 2019 2013 2018 2017 2016 2019 2015 2014 2013 Sales % % 100.0% 100.0 Cost of goods sold Gross profit Operating expenses 100.0 1000 Complete the below table to calculate the trend percents for all components of comparative income statements using 201 percentage answers to 1 decimal place.) HAROUN COMPANY Income Statement Trends For Years Ended December 31, 2019-2013 2018 2017 2016 % % 2015 2014 2013 2019 % 100.0 Sales 1000 Cost of goods sold Gross profit Operating expenses Net income 100.0 100.0 % 100.0% December 31, 2019-2013 2017 2016 2013 2014 2019 2018 2015 Assets % % 100.0% 1000 1000 100.0 100.0 100.0 1000% ces % Cash Accounts receivable, net Merchandise inventory Other current assets Long-term investments Plant assets, not Total assets Liabilities and Equity Current liabilities Long term liabilities Common stock Other paid-in capital Retained earnings Total liabilities & equity 96 100.0 % 100.0 1000 100.0 1000 100 % Required 1 Comp IS Required 1 Comp BS Required 2 Refer to the results from part 1. (a) bid sales grow steadily over this period? (b) Did net income as a perc over the past four years? (c) Did inventory increase over this period? (a) Did sales grow steadily over this period? (6) Did net income as a percent of sales grow over the past four years? (c) Did inventory increase over this period?
