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Problem 13-1A (Algo) Calculating and analyzing trend percents LO P1 Selected comparative financial statements of Haroun Company follow. Required: 1. Complete the below table to
Problem 13-1A (Algo) Calculating and analyzing trend percents LO P1 Selected comparative financial statements of Haroun Company follow. Required: 1. Complete the below table to calculate the trend percents for all components of both statements using 2014 as the base yeat. 2. Refer to the results from part 1. (b) Did sales grow steadliy over this period? (b) Did net income as a percent of sales grow over the past four years? (c) Did inventory increase over this period? HAROUN COMPANY Income Statement Trends Required 1 Comp BS >
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