KORBIN COMPANY
Comparative Income Statements
For Years Ended December 31, 2015, 2014, and 2013
			2015				2014				2013
Sales		$	450,688			$	345,264			$	239,600
Cost of goods sold			271,314				216,826				153,344
Gross profit			179,374				128,438				86,256
Selling expenses			63,998				47,646				31,627
Administrative expenses			40,562				30,383				19,887
Total expenses			104,560				78,029				51,514
Income before taxes			74,814				50,409				34,742
Income taxes			13,915				10,334				7,053
Net income		$	60,899			$	40,075			$	27,689

KORBIN COMPANY
Comparative Balance Sheets
December 31, 2015, 2014, and 2013
			2015				2014				2013
Assets
Current assets		$	48,375			$	37,847			$	50,593
Long-term investments			0				900				3,080
Plant assets, net			88,471				94,135				56,420
Total assets		$	136,846			$	132,882			$	110,093
Liabilities and Equity
Current liabilities		$	19,980			$	19,799			$	19,266
Common stock			72,000				72,000				54,000
Other paid-in capital			9,000				9,000				6,000
Retained earnings			35,866				32,083				30,827
Total liabilities and equity		$	136,846			$	132,882			$	110,093

Required:
a.	Complete the below table to calculate each year's current ratio.

b.	Complete the below table to calculate income statement data in common-size percents. (Round your percentage answers to 2 decimal places.)

c.	Complete the below table to calculate the balance sheet data in trend percents with 2013 as the base year. (Round your percentage answers to 2 decimal places.)