Problem 17-1A Calculation and analysis of trend percents LO A1, P1 Selected comparative financial statements of Haroun Company follow. HAROUN COMPANY Comparative Income Statements For Years Ended December 31, 2017-2011 ($ thousands) Sales Cost of goods sold Gross profit Operating expenses Net income ($ 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 2017 2016 2015 2014 2013 2012 2011 $1,694 $1,496 $1,370 $1,264 $1,186 $1,110 $928 1,032 710 586 1,246 448 400 342 330 144 118 118 $ 208 $ 234 $ 256 $224 $ 464 256 902 468 234 $ HAROUN COMPANY Comparative Balance Sheets December 31, 2017-2011 2017 2016 58 $ 490 1,838 36 0 802 462 170 292 $ $ 82 466 1,204 14 0 2,014 1,752 2,020 $4,442 $4,002 $3,518 78 514 1,364 32 0 2015 752 434 146 288 $ 2014 $ 84 $ 360 1,032 34 146 944 $2,600 $1,220 $1,042 $ 718 $ 1,294 1,140 1,112 1,000 1,000 1,000 250 250 678 570 $4,442 $4,002 2013 2012 $ 86 $ 88 318 302 936 810 28 28 146 146 860 978 $2,494 $2,232 614 $ 546 $ 522 580 570 620 850 850 650 250 170 170 150 438 396 348 290 $3,518 $2,600 $2,494 $2,232 2011 $ 89 216 615 9 146 725 $1,800 282 400 650 150 318 $1,800 Required: 1. Complete the below table to calculate the trend percents for all components of both statements using 2011 as the base year. (Round your percentage answers to 1 decimal place.)

Problem 17-1A Calculation and analysis of trend percents LO A1, 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 2011 as the bose year (Round your percentage answers to 1 decimal place.) Required: 1. Complete the below table to caiculate the trend percents for all components of both statements using 2011 as the base yeat (Round your percentage onswers to 1 decimal place.) Complete this question by entering your answers in the tabs below. 1. Complete the below table to calculate the trend percents for all components of both statements using 2011 as the base year. (Round your percentage answers to 1 decimal place.) Complete this question by entering your answers in the tabs below