Question

Selected comparative financial statements of Haroun Company follow. ($ thousands) Sales Cost of goods sold Gross profit Operating expenses Net income HAROUN COMPANY Comparative Income Statements For Years Ended December 31, 2017-2011 2017 2016 2015 2014 2013 2012 2011 $2,716 $2,379 $2,164 $1,984 $1,851 $1,721 $1,411 1,952 366 1,196 1,111 1.039 798 419 FAROUN COMPANY Comparative Balance Sheets December 31, 2017-2011 2017 2016 2015 2014 2013 2012 2011 $ 152 § 201 $ 209 1.093 1,148 3,954 2.879 222 702 1.904 $ 219 665 1,617 226 469 1.173 515 45 86 312 2,458 185 ($ thousands) Assets Cash Accounts receivable, net Merchandise inventory Other current assets Long-term investments Plant assets, net Total assets Liabilities and Equity Current liabilities Long-term liabilities Common stock Other paid-in capital Retained earnings Total liabilities and equity 312 1,875 $4,100 S10139 $8,036 $5.920 $5,683 $5,084 2,549 $1,170 $2,144 2.374 1,845 $1,406 2.310 $1,015 1,096 1,640 410 960 1.186 1.435 359 619 890 1,435 461 2,315 014 $9,139 $8,036 $5,920 $5,683 $5,084 $4,100 Required: 1. Complete the below table to calculate the trend percents for all components of both statements using 2011 as the base your percentage answers to 1 decimal place.)