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Selected comparative financial statements of Haroun Company follow. HAROUN COMPANY Comparative Income Statements For Years Ended December 31, 2017-2011 2016 $2,273 $1,991 1,329 ($thousands) 2017
Selected comparative financial statements of Haroun Company follow. HAROUN COMPANY Comparative Income Statements For Years Ended December 31, 2017-2011 2016 $2,273 $1,991 1,329 ($thousands) 2017 2015 $1,812 1,143 2014 2013 2012 2011 $1,549 $1,441 $1,181 Sales $1,660 1,001 Cost of goods sold 1,634 930 870 693 Gross profit 639 662 669 659 619 571 488 Operating expenses 380 257 220 486 349 223 183 396 Net income 153 $ 282 $ 320 402 351 305 HAROUN COMPANY Comparative Balance Sheets 31, 2017 Decemb 7-201 ($ thousands) 2015 2013 2012 2011 2016 2014 Assets S Cash 156 206 $ 214 218 227 224 231 Accounts receivable, net Merchandise inventory Other current assets 816 719 681 480 1,120 4,051 1,176 1,064 2,949 2,577 2,171 1,950 1,656 1,201 104 94 58 103 87 89 46 Long-term investments Plant assets, net C 0 0 319 319 319 319 4,956 4,937 4,319 2,438 2,519 2,239 1,923 $10,387 $5,821 $5,208 Total assets $9,362 $8,232 $6,065 $4,200 Liabilities and Equity $2,611 2,789 1,890 $1,440 2,364 $1,198 1,098 1,680 $1,040 1,121 1,680 $2,196 2,430 1,890 86 S 1,214 Current liabilities 634 Long-term liabilities Common stock 911 1,470 1,470 1,890 Other paid-in capital Retained earnings 473 473 473 420 420 368 368 2,624 2,373 2,065 1,669 1,560 1,173 817 $10,387 $9,362 $8,232 $6,065 $5,821 $5,208 $4,200 Total liabilities and equity 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.) 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 100.0% % % Sales % % Cost of goods sold 100.0 Gross profit 100.0 Operating expenses 100.0 %F 100.0% Net income % % 0% Comp IS Comp BS
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