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Selected comparative financial statements of Haroun Company follow. HAROUN COMPANY Comparative Income Statements For Years Ended December 31, 2021-2015 ($ thousands) Sales 2021 2020

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Selected comparative financial statements of Haroun Company follow. HAROUN COMPANY Comparative Income Statements For Years Ended December 31, 2021-2015 ($ thousands) Sales 2021 2020 2019 2018 2017 2016 2015 $ 2,050 Cost of goods sold 1,474 $ 1,796 1,199 $ 1,634 $ 1,497 $ 1,397 $ 1,299 $ 1,065 1,031 983 839 784 625 Gross profit Operating expenses Net income 576 603 594 558 515 440 438 343 314 232 201 198 165 $ 138 $ 254 $ 289 $ 362 $ 317 $ 275 HAROUN COMPANY Comparative Year-End Balance Sheets December 31, 2021-2015 ($ thousands) Assets Cash Accounts receivable, net Merchandise inventory Other current assets Long-term investments 2021 2020 2019 2018 2017 2016 2015 $ 108 $ 142 $ 148 $ 151 $ 157 $ 155 $ 160 773 812 2,797 2,036 735 1,779 564 496 1,499 1,346 72 65 40 Plant assets, net 3,422 3,409 2,982 71 220 1,683 60 220 470 1,144 61 332 829 32 220 220 1,740 1,546 1,327 Total assets $ 7,172 $ 6,464 $ 5,684 $ 4,188 $ 4,019 $ 3,596 $ 2,900 Liabilities and Equity Current liabilities Long-term liabilities 1,804 1,926 $ 1,517 $ 995 $ 828 $ 718 $ 679 1,678 Common stock 1,305 1,305 Other paid-in capital Retained earnings 326 1,811 326 1,638 1,632 1,305 326 1,426 758 1,160 290 1,152 774 1,160 290 1,077 838 1,015 254 810 629 1,015 254 564 Total liabilities and equity $ 7,172 $ 6,464 $ 5,684 $ 4,188 $ 4,019 $ 3,596 $ 2,900 Required: 1. Complete the below table to calculate the trend percents for all components of both statements using 2015 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? (c) 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 2015 as the base year. Note: Round your percentage answers to 1 decimal place. Sales Cost of goods sold Gross profit Operating expenses Net income HAROUN COMPANY Income Statement Trends For Years Ended December 31, 2021-2015 2021 2020 2019 2018 2017 2016 2015 % 96 96 96 % 96 100.0 9 100.0 100.0 100.0 %6 % 100.0 %

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