Problem 13-1A 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 incone HAROUN COMPANY Comparative Income Statements For Years Ended December 31, 2019-2013 2019 2018 2017 2016 2015 2014 2013 $1,563 $1,369 $1,246 $1,142 $1,065 $ 991 $812 1,125 915 787 689 640 438 454 459 453 335 262 240 177 599 477 425 392 335 154 152 126 $ 103 $ 192 $ 219 $ 276 $ 271 $ 240 $209 HAROUN COMPANY Comparative Balance Sheets December 31, 2019-2013 ($ 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 2019 2018 2017 2016 2015 2014 2013 $ 108 773 2,797 72 $142 $ 148 $ 151 $ 157 $155 $ 160 812 2,036. 735 564 1,779 1,499 496 1,346 470 332 1,144 829 65 40 71 60 7 61 32 0 0 0 220 220 220 220 3,422 3,409 2,982 1,683 1,740 1,546 1,327 $7,172 $6,464 $5,684 $4,188 $4,019 $3,596 $2,900 $1,804 $1,517 $ 995 $ 828 $ 718 $ 679 $ 438 1,926 1,678 1,305 1,305 1,632 1,305 326 1,811 326 1,638 $7,172 $6,464 326 1,426 $5,684 758 1,160 290 1,152 $4,188 774 838 629 1,160 1,015 1,015 290 1,077 254 254 810 5641 $4,019 $3,596 $2,900