Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Serectea comparative financial statements of Haroun company TONOW. (5 thousands) HAROUN COMPANY Comparative Income Statements For Years Ended December 31, 2017-2011 2017 2016 2015 2014

image text in transcribed
image text in transcribed
image text in transcribed
Serectea comparative financial statements of Haroun company TONOW. (5 thousands) HAROUN COMPANY Comparative Income Statements For Years Ended December 31, 2017-2011 2017 2016 2015 2014 $2,275 $1.993 $1,313 $1,662 1,636 1,331 1,145 1.002 2013 2012 $1,551 $1,442 931 871 2011 $1,182 Cost of goods sold Gross profit Operating expenses Net income 57 $ 153 $ 397 $351 $ 35 (5 thousands) HAROUN COMPANY Comparative Balance Sheets December 31, 2017-2011 2017 2016 2015 $ 119 $ 157 $ 163 353 96 811 3,086 2.247 1,963 2014 2013 2012 2011 166 622 1.654 175 $ 173 543 1.486 174 5 1 1.262 Accounts receivable, net Merchandise inventory Other Curret Long-term investments LORE Cts.net Total assets Llabilities and Equity Current lities Long-ters liabilities 3722 57,914 3.762 $7,133 3.291 56,272 1,852 $4,621 243 1.918 54,435 1,795 53,968 1,465 $3,200 $1,989 5 792 5 749 Other paid in capital Retained marines Totalities and evity $1,673 1.052 1, 0 360 1.399 $7.133 $1.29 $ 913 1.01 3 25 1.40 1.250 3692 1.574 1.272 56.272 $4,621 1,250 2.000 57.914 1.189 $4,435 $3.68 $3,200 Required: 1. Complete the below table to calculate the trend percents for all components of both statements using 2011 as the base year your percentage o wers to 1 decimal place.) Complete this question by entering your answers in the tabs below. Como IS Compas Complete the below table to calculate the trend percents for all components of comparative income statements using 2011 as the base HAROUN COMPANY here to search Prey 1 of $7,914 $7.13336,272 54,621 54,45 $3, 53,200 $1, 9 $1.673 $1.097 911 792 79 4 3 Total assets ilities and Equity Current liabilities - Long-tere lilities Conso Other paid in capital Retard earnings Total Ilalities and city 1. 1.120 250 2,00 57,914 1. 1.4 260 1,20 1,120 250 1,00 1,514 1.22 1.189 57,133 56,27254,621 54,45 $3,98 $3,200 Required: 1. Complete the below table to calculate the trend percents for your percentage onwers to decimal place.) components of both statements using 2011 as the base vear und Complete this question by entering your answers in the tabs below. Comp 15 Comp BS Complete the below table to calculate the trend percents for components of comparative income statements using 2011 as the base your AROUN COMPANY Income Statement Trends For Year Ended December 3120112011 2016 2015 2014 2013 2017 2012 2011 Compos Type here to search W Ulve- our 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 balance 2011 as the base Year HAROUN COMPANY Balance Sheet Trends December 31, 2017-2011 2016 2015 2014 2017 2013 2012 Assets Cash Accounts receivable net Merchandise inventory Other Current assets Long-term investments Pant assets, net 100.0 Total assets Liabilities and Equity Current liabilities Long term liabilities Common stock Other paid in capital Retained earnings Total abilities & equity 1000 1000 1 here to search

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management Accounting

Authors: Pauline Weetman

2nd Edition

0273718452, 978-0273718451

More Books

Students also viewed these Accounting questions