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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
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 $ 122 $ 225 $ 256 $324 319 $ 281 $245 2017 2016 2015 2014 2013 2012 2011 $1,833 $1,605 $1,460 $1,339 $1,249 $1,161 $952 702 559 59 393 178 148 1,318 1,072 533 308 922 538 282 807 532 208 750 499 180 515 393 HAROUN COMPANY Comparative Balance Sheets December 31, 2017-2011 ( thousands) Assets Cash Accounts receivable, net Merchandise inventory Other current assets Long-term investments Plant assets, net 4,366 4,350 3,804 2,1472,219 1,973 1,693 Total assets Liabilities and Equity Current liabilities Long-term liabilities Common stock Other paid-in capital Retained earnings 2,3082,0881,811,4681,3731,032 Total liabilities and equity 2017 2016 2015 2014 2013 2012 2011 $ 137 $ 181 $ 189 $ 192 200 $ 197 204 986 1,036 938 719 633 600 423 3,569 2,598 2,270 1,913 1,718 1,459 1,058 92 82 51 91 78 281 281 281 281 $9,150 $8,247 $7,252 $5,343 $5,128 $ 4,588 $3,700 $2,302 $1,936 $1,270 $1,057 $ 917 $ 867 $ 559 803 1,665 1,665 1,665 1,480 1,480 1,295 1,295 324 719 les $9,150 $8,247 $7,252 $5,343 $5,128 $4,588 $3,700 2,459 2,142 2,084 968 988 1,070 416 416 416 370 370 324 Requirec 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.) 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 20172016 2015 20142013 2012 2011 Sales Cost of goods sold Gross profit Operating expenses Net income % 100.019 100.0 100.0 100.0 % 100.019 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 20172016 2015 2014 20132012 2011 Assets Cash Accounts receivable, net Merchandise inventor Other current assets Long-termm investments Plant assets, net Total assets % 100.01% 100.0 100.0 100.0 100.0 100.0 % 100.01% Liabilities and Equity Current liabilities Long-ternm liabilities Common stock Other paid-in capital Retained earnings Total liabilities & equi % 100.01% 100.0 100.0 100.0 100.0 % 100.01%
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