Selected comparative financial statements of Haroun Company follow. HAROUN COMPANY Comparative Income Statements For Years Ended December 31, 2017-2011 (s thousands) Sales 2813 2012 2011 2017 2016 2015 2014 $2,485 $2,177 $1,988 $1,815 $1,694 $1,575 $1,291 1,787 Cost of goods sold Gross profit Operating expenses 1,454 723 1,251 1,095 1,017 951 758 698 729 720 677 624 533 200 531 381 281 244 241 416 383 333 Net income 167 $ $ 307 348 S 439 $ 433 HAROUN COMPANY Comparative Balance Sheets December 31, 2017-2011 2017 (S thousands) 2016 2015 2013 2012 2011 2814 Assets Cash $ $ $ 115 152 158 161 168 165 171 Accounts receivable, net Merchandise inventory Other current assets 826 868 786 62 531 s03 355 2,990 2,177 1,6e2 76 1,439 1,222 1,902 43 887 77 69 64 65 34 Long-term investments Plant assets, net e e 236 236 236 236 1,859 S 6,076 $4,476 $4,297 $3,844 3,658 3,644 3,187 1,799 1,653 1,417 $ 6,910 $7,666 $3,10e Total assets Liabilities and Equity Current liabilities $ 1,927 $1,621 2,061 1,395 349 $1,063 1,746 1,395 349 885 $ 768 S 726 897 468 Long-term 1iabilities Common stock 1,795 1,395 349 811 828 673 1,240 310 1,240 31e 1,151 1,ess 1,e8s 271 Other paid-in capital Retained earnings Total liabilities and equity 271 1,750 1,934 $7,666 $6,910 $ 6,076 $4,476 $4,297$3,844 $3,100 1,523 1,230 865 603 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.) Complete this question by entering your answers in the tabs below. Comp IS Comp BS Complete the below table to calculate the trend percents for all components of comparative income statements using 2011 as the base year. HAROUN COMPANY Income Statement Trends For Years Ended December 31, 2017-2011 2017 2016 2015 2014 2013 2012 2011 Sales % % % % 100.0 % Cost of goods sold 100.0 Gross profit 100.0 Operating expenses 100.0 Net income 100.0% % Comp is Comp BS Complete the below table to calculate the trend percents for all components of comparative balance sheets using 2011 as the base year. HAROUN COMPANY Balance Sheet Trends December 31, 2017-2011 2017 2016 2015 2014 2012 2011 2013 Assets Cash 100.0% % % % Accounts receivable, net 100.0 Merchandise inventory 100.0 Other current assets 100.0 Long-term investments 100.0 Plant assets, net 100.0 Total assets % % % 100.0 % % Liabilities and Equity Current liabilities % 100.0 % Long-term liabilities 100.0 Common stock 100.0 Other paid-in capital 100.0 Retained earnings 100.0 Total liabilities & equity 100.0 %
