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Selected comparative financial statements of Haroun Company follow. ($ thousands) Sales Cost of goods sold Gross profit Operating expenses Net income HARDUN COMPANY Comparative Income
Selected comparative financial statements of Haroun Company follow. ($ thousands) Sales Cost of goods sold Gross profit Operating expenses Net income HARDUN COMPANY Comparative Income Statements For Years Ended December 31, 2017-2011 2017 2016 2015 2014 2013 2012 2011 $2,429 $2,128 $1,935 $1,774 $1,656 $1,540 $1,262 1, 747 1,421 1,223 1,070 994 930 741 68270771137046626185 374 275 239 236 196 $ 161 $ 300 $ 339 428 $ 423 $ 374 $ 325 HAROUN COMPANY Comparative Balance Sheets December 31, 2017-2011 2017 2016 2015 ($ thousands) 2014 2013 2012 2011 $ 127 263 $ 35 613 2, 218 57 Cash Accounts receivable. net Merchandise inventory Other current assets Long-term investments Plant assets, net Total assets richilise and critu $ 113 $ 117 6 44 583 1,6151, 411 51 32 0 2.794 2.365 35,127 $4,598 $ 120 447 1,189 58 175 1.334 $3,321 $ 124 394 1,068 48 175 1.379 $3,188 123 373 987 48 175 1.226 $2,852 2.715 $5,688 1.852 $2,300 2014 2013 2012 2011 HAROUN COMPANY Comparative Balance Sheets December 31, 2017-2011 2017 2016 2015 $ 35 $ 113 $ 117 612 644 583 2,218 1,615 1.411 57 5132 0 2,715 2,794 2,365 $5, 6.88 $5, 127 $4,508 (5 thousands) Assets Cash Accounts receivable, net Merchandise inventary Other current assets Long-term investments Plant assets, net Total assets Liabilities and Equity Current liabilities Long-ters liabilities Common stock Other paid.in capital Retained earnings Total liabilities and equity 127 263 120 4 47 1,189 56 175 1,334 33,321 $ 124 $ 123 394 373 1,088 907 484B 175 175 1,379 1,226 $3,188 $2,852 175 1.852 $2,300 $ 538 $ 347 $1,429 1.528 1,035 $1,201 1.331 1,035 $ 788 1.295 1,35 656 $ 569 $ HA11 B 920 920 230 BES 1,437 1,300 $5.688 35, 127 1,131 $4,568 $3,321 $3,188 $2,852 $2,300 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.) E B Help Sam HAROUN COMPANY Balance Sheet Trends December 31, 2017-2011 2016 2015 2014 2013 Assets Cash Accounts receivable, net Merchandise inventory Othe current assets 100.00 100.0 1000 100.0 100.0 100.0 100.0 Long-term investments Puant assets, net Total assets Liabilities and Equity Current liabilities Long-term liabilities S AHA 2000 Total assets Liabilities and Equity Current liabilities Long-term liabilities 100.0% 100.0 Common stock 100.0 1000 Other paid-in capital Retained earnings Total liabilities & equity 100 l 1 100.0
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