selected comparative financial statements of haroun company

1. complete the below table to calculate the trend percentages of all components above statements using 2013 as the base year.

2. refer to the results from part one, that sales growth steadily over this period? The net income as a percent of sales grow over the past four years? Did inventory increase over this period?

2015 (5 thousands) Sales Cost of goods sold Gross profit Operatine expenses Net income 2019 2018 2017 2016 2014 2013 $1,490 $1,395 $1,187 $1,088 $1,015 $ 944 $ 774 1,071 871 749 656 609 570 454 419 434 438 432 406 374 320 319 249 229 169 146 144 129 $ 100 $ 185 $ 299 $ 263 $ 260 $ 230 $ 200 HAROUN COMPANY Comparative Balance Sheets December 31, 2019-2013 2019 2018 2017 (s thousands) 2016 2015 2014 2013 Assets $ 93 S123 5127 $ 130 S 135 $ 1335 138 667 700 634 486 428 485 286 2,411 1,755 1,534 1,292 1,161 986 715 62 56 34 61 52 53 28 8 e 190 190 190 190 2,950 2,939 2,571 1,451 1,499 1,333 1,143 $6,18355,573 $4,980 $3,610 $3,465 $3,108 $2,500 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 $1,557 $1,389 $ 859 $ 714 5 620 5 586 S 378 1,663 1,448 1,409 654 668 724 543 1,125 1,125 1,125 1,aea 1,888 875 875 281 281 281 250 219 1,557 1.410 1.226 992 696 485 $6,183 $5,573 $4.990 $3,618 53,465 $3,102 $2,500 219 250 922 Required: 1. Complete the below table to calculate the trend percents for all components of both statements using 2013 as the base year 2. Refer to the results from part 1. (a) Did sales grow steadily over this period? (b) Did net income as a percent of sales grow over the past four years? ( Did inventory increase over this period Complete this question by entering your answers in the tabs below. Required 1 Comp IS Required 1 Comp BS Required 2 Complete the below table to calculate the trend percents for all components of comparative income statements using 2013 as the base year. (Rour percentage answers to 1 decimal place.) HAROUN COMPANY Income Statement Trends For Years Ended December 31, 2019-2013 2019 2018 2017 2016 2015 2014 2013 96 100.00 Sales Cost of goods sold Gross profit 100.0 100.0 Operating expenses Net income 100.0 100.0 % Required 1 Comp BS > Prey 1 of 3 Next > HAROUN COMPANY Balance Sheet Trends December 31, 2019-2013 2017 2016 2019 2018 2015 2014 2012 Assets Cash %6 100.0 % 1000 Accounts receivable net Merchandise inventory 1000 Other current assets 1000 Long-term investments 1000 Plant assets, net 1000 1000% Total assets Liabilities and Equity Current liabilities 100.0 % Long-term liabilities 100.0 Common stock 1000 Other paid in capital Retained earnings 1000 1000 100.0 % % Total liabilities & equity