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Problem 13-1A Calculating and analyzing trend percents LO P1 Selected comparative financial statements of Haroun Company follow. ($ thousands) Sales Cost of goods sold
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 income HAROUN COMPANY Comparative Income Statements For Years Ended December 31, 2019-2013 2019 2018 2017 2016 2015 2014 2013 $1,426 $1,249 $1,137 $1,042 $972 $ 904 $ 741 1,026 834 718 628 584 546 435 400 415 419 414 388 358 306 305 239 219 162 140 138 115 $ 95 $ 176 $ 200 $ 252 $ 248 $220 $ 191 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 2019 2018 2017 2016 2015 2014 2013 $ 122 $ 162 880 3,183 $168 $ 172 $ 178 $ 176 $ 182 924 2,317 836 2,024 641 1,706 565 1,532 535 378 1,301 944 82 0 74 0 3,894 3,879 45 0 3,395 81 69 70 36 251 251 1,914 1,979 1,759 251 251 1,509 $8,161 $7,356 $6,468 $4,765 $4,574 $4,092 $3,300 1,485 $2,051 $1,725 $1,131 $ 941 $ 817 $ 772 $ 498 2,192 1,910 1,858 Other paid-in capital 371 2,062 1,485 371 1,865 1,485 371 1,623 863 1,320 330 1,311 881 1,320 954 1,155 716 1,155 330 1,226 289 289 922 642 Prev 1 of 5 Next > Retained earnings
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