Problem 13-1A (Algo) Calculating and analyzing trend percents LO P1 Selected comparative financial statements of Haroun Company follow. ($ thousands) Sales Cost of goods sold Gross profit Operating expenses Net income HAROUN COMPANY Comparative Income Statements For Years Ended December 31, 2020-2014 2020 2019 2018 2017 2016 2015 2014 $1,557 $1,364 $1,241 $1,137 $1,061 $ 987 $ 809 1,120 911 784 686 637 596 475 437 453 457 451 424 391 334 332 260 238 176 152 150 125 $ 105 $ 193 $ 219 $ 275 $ 272 $ 241 $ 209 ($ 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 HAROUN COMPANY Comparative Year-End Balance Sheets December 31, 2020-2014 2020 2019 2018 2017 2016 2015 2014 $ 145 $ 191 $199 $ 203 $ 211 $ 208 $ 215 1,040 1,092 3,762 2,738 988 2,393 758 2,016 668 633 446 1,811 1,538 1,115 96 87 54 96 81 82 43 0 0 0 296 296 296 296 4,602 4,585 4,010 2,263 2,338 2,079 1,785 $9,645 $8,693 $7,644 $5,632 $5,405 $4,836 $3,900 $2,426 $2,040 $1,338 $1,113 $ 966 $ 914 $ 589 2,590 2,256 2,195 1,019 1,041 1,128 846 1,755 1,755 1,755 1,560 1,560 1,365 1,365 439 2,435 439 2,203 439 1,917 390 390 1,550 1,448 341 1,088 341 759 $9,645 $8,693 $7,644 $5,632 $5,405 $4,836 $3,900