IRR GD -85e4d13e1f5f79c17331679e7acff44938753b65/Downloads/Fundament... Selected comparative financial statements of Haroun Company follow HAROUN COMPANY Comparative Income Statements For Years Ended December 31,2017-2011 $ thousands 2017 2016 2015 2014 2013 2012 2011 $1,694 $1.496 $1,370 $1,264 $1,186 $1,110 $928 Cost of goods sold Gross profit Operating expenses Net income 1,246 1,032 902 802 752 710 586 448 464 468 462 434 400 342 256 234 144 118 S 118 208 234 292 288 256 $224 HAROUN COMPANY Comparative Balance Sheets December 31, 2017-2011 2017 2016 2015 2014 2013 2012 2011 $ thousands 58 S 78 82 84 $ 88 86 89 490 514 466 360 318 302 216 1,838 1,364 1,204 1,032 936 810 615 34 Cash Accounts receivable, net Merchandise 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 eanings Total iabilities and equity 28 28 32 0 0 146 146 146146 36 2.020 2.014 1.752 944978860 $4,442 $4,002$3518 $2,600$2.494$2,232 $1,800 $1.220 $1.042 718 614 546 522 282 1,294 1,140 1,112570 580 620 400 1,000 1,000 1,000850 850 650650 250 250 250170 170 150150 678 $4,442 S4.002 $3.518 $2.600 Required 1. Compute trend percents for all components of both state ments using 2011 as the base year (Round percents to one decimal) ial statements and trend percents from part t 2. Analyze and comment on the financi