Selected comparative financial statements of Haroun Company follow. ($ thousands) Sales Cost of goods sold Gross profit Operating expenses Net income ($ thousands) Assets Cash Accounts receivable, net Merchandise inventory Other current assets Long-term investments Plant assets, net Total assets Comparative Income Statements For Years Ended December 31, 2021-2015 2021 2019 $ 2,293 1,648 645 491 $ 154 Liabilities and Equity Current liabilities Long-term liabilities Common stock Other paid-in capital Retained earnings Total liabilities and equity HAROUN COMPANY 2020 $ 2,008 1,341 667 384 $ 283 2021 160 1,146 4,147 106 0 5,075 $ 10,634 2,673 2,857 1,935 $ 1,827 1,153 674 353 $ 321 HAROUN COMPANY Comparative Year-End Balance Sheets December 31, 2021-2015 2020 2019 484 2,685 $ 10,634 $ 211 1,204 3,019 96 0 5,055 $ 9,585 2018 $ 1,675 1,009 $ 2,247 2,488 1,935 484 2,431 $ 9,585 666 260 $ 406 $ 219 1,090 2,638 59 0 4,422 $ 8,428 2017 $ 1,563 938 625 226 $ 399 $ 1,475 2,421 1,935 484 2,113 $ 8,428 2018 $ 224 836 2,223 106 327 2,493 $ 6,209 2016 $ 1,453 877 576 223 $ 353 2017 $ 232 736 1,997 89 327 2,579 $ 5,960 $ 1,227 1,124 1,720 430 1,708 $ 6,209 $ 5,960 $ 1,064 1,149 1,720 430 1,597 2015 $ 1,191 699 492 185 $ 307 2016 $ 229 697 1,696 91 327 2,292 $ 5,332 $ 1,007 1,244 1,505 376 1,200 $ 5,332 2015 $ 237 492 1,230 47 327 1,967 $ 4,300 933 1,505 376 837 $ 4,300 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?

Selected comparative financial statements of Haroun Company follow. 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? 1. Complete the belovy 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 post four years? (C) Did inventory increase over this period? Complete this question by entering your answers in the tabs below. 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 decirnal place. 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. (d) 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. Complete the below table to calculate the trend percents for all cornponents of comparative balance sheets using 2015 as the base year. Note: Round your percentage anowers to 1 decimal place. 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. Refer to the results from part 1. (a) Did sales grow steadily over this perioc? (b) Did net income as a percent of sales grow over the past four years? (c) Did inventory increase over this period