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Selected comparative financial statements of Haroun Company follow. HAROUN COMPANY Comparative Income Statements For Years Ended December 31, 20172011 ($ thousands) 2017 2016 2015 2014

Selected comparative financial statements of Haroun Company follow.

HAROUN COMPANY
Comparative Income Statements
For Years Ended December 31, 20172011
($ thousands) 2017 2016 2015 2014 2013 2012 2011
Sales $ 1,550 $ 1,357 $ 1,235 $ 1,132 $ 1,056 $ 982 $ 805
Cost of goods sold 1,115 907 780 683 635 594 473
Gross profit 435 450 455 449 421 388 332
Operating expenses 332 260 238 176 152 150 125
Net income $ 103 $ 190 $ 217 $ 273 $ 269 $ 238 $ 207

HAROUN COMPANY
Comparative Balance Sheets
December 31, 20172011
($ thousands) 2017 2016 2015 2014 2013 2012 2011
Assets
Cash $ 119 $ 157 $ 163 $ 166 $ 173 $ 171 $ 176
Accounts receivable, net 853 896 811 622 548 519 366
Merchandise inventory 3,086 2,247 1,963 1,654 1,486 1,262 915
Other current assets 79 71 44 79 67 67 35
Long-term investments 0 0 0 243 243 243 243
Plant assets, net 3,777 3,762 3,291 1,857 1,918 1,706 1,465
Total assets $ 7,914 $ 7,133 $ 6,272 $ 4,621 $ 4,435 $ 3,968 $ 3,200
Liabilities and Equity
Current liabilities $ 1,989 $ 1,673 $ 1,097 $ 913 $ 792 $ 749 $ 483
Long-term liabilities 2,125 1,851 1,801 836 854 925 694
Common stock 1,440 1,440 1,440 1,280 1,280 1,120 1,120
Other paid-in capital 360 360 360 320 320 280 280
Retained earnings 2,000 1,809 1,574 1,272 1,189 894 623
Total liabilities and equity $ 7,914 $ 7,133 $ 6,272 $ 4,621 $ 4,435 $ 3,968 $ 3,200

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, 20172011
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

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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, 20172011
2017 2016 2015 2014 2013 2012 2011
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 %

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