Question
I'm stuck can you help again the accounting language is new to me Comparative Income Statements for years ending December 31, 2017-2013 ( $ thousands)
I'm stuck can you help again the accounting language is new to me
Comparative Income Statements for years ending December 31, 2017-2013
( $ thousands) 2017 2016 2015 2014 2013
Sales $1271 $1122 $1028 $948 $890
Cost of good sold $935 $774 $677 $602 $564
Gross Profit $336 $348 $351 $347 $326
Operating expenses $248 $192 $176 $128 $110
Net Income ` $89 $156 $176 $219 $216
Comparative Balance Sheet December 31, 2017-2013
( $ thousands) 2017 2016 2015 2014 2013
Assets
Cash $58 $59 $62 $63 $66
Accounts receivable, net $368 $386 $350 $270 $239
Merchandise inventory $1379 $1023 $903 $774 $702
Other current assets $27 $24 $11 $26 $21
Long-term investments - ` - - $110 $110
Plant assets, net ` $1515 $1511 $1314 $708 $734
Total assets $3346 $3002 $2639 $1950 $1871
Liabilities and Equity
Current liabilities $915 $782 $539 $461 $410
Long-term liabilities $971 $855 $834 $428 $435
Common stock $750 $750 $750 $638 $638
Other paid-in capital $202 $188 $188 $128 $128
Retained earnings $509 $428 $329 $297 $261
Total liabilities and equity $3346 $3002 $2639 $1950 $1871
I'm stuck again can you please use these statements to calculate trend percentages for all components of both statements using 2013 as the base year and how that relates to the health of the company
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