-Hom x + heducation.com/ext/map/index.html?_con-con&external browser=0&launchUrl=https%2 Homework Seved Selected comparative financial statements of Haroun Company follow. HAROUN COMPANY Comparative Income Statements For Years Ended December 31, 2021-2015 blackboard.matc.edu%252 (5 thousands)) Sales Cost of goods sold Gross profit 2021 $ 2,241 2020 $1,963 1,611 1,310 2019 $1,796 1,127 2018 2017 2016 2015 $1,637 $1,527 $1,420 $ 1,166 986 917 857 683 630 553 659 651 610 563 481 Operating expenses 478 374 343 253 219 217 280 Net income $152 $279 $316 $398 $.391 $ 346 $301 HAROUN COMPANY Comparative Year-End Balance Sheets December 31, 2021-2015 (5 thousands) 2021 2020 2019 2018 2017 2016 2015 Assets Cash 5167 $221 $229 5234 Accounts receivable, net 1,200 1,260 1,140 Merchandise inventory 4.340 3,160 2,761 875 2,326 $243 770 2.089 5:240 230 1,774 F248 515 1,287 Other current assets 111 100 62 110 Long-term investments 0 0 342 94 342 Long-term liabilities Plant assets, net Total assets Liabilities and Equity Current liabilities Common stock 5,311 5,290 $ 11,129 $10,031 4,628 58,820 2,611 2.699 56,498 6,237 342 2,399 $5,500 50 342 2.058 $4,500 2,800 2,992 2,355 51,545 1,285 4.3.115 1.055 7680 2,606 2,025 2,025 2,535 2,025 3,377 1,203 1,302 977 1,800 3,900 1,575 2.575 Other paid-in capital Retained earnings 506 2.006 Total liabilities and equity $33,129 506 2,539 $10,031 506 2,309 58,820 450 3,786 $5.498 450 1.569 56,237 394 2,256 394 874 $ 5,580 $4,500 Required: 1. Complete the below table to calculete the trend percents for all components of both statements using 2015 as the base year 2. Refer to the results from part 1. (a) Did sales grow steadily over this period? ( Did net income as a percent of sales grow over the past four years? ( Did inventory increase over this period? 288 < Prev 4 of 8 Next >> MacBook Air