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Selected comparative financial statements of Haroun Company follow. HAROUN COMPANY Comparative Income Statements For Years Ended December 31, 20192013 ($ thousands) 2019 2018 2017 2016 2015 2014 2013 Sales $ 2,843 $ 2,490 $ 2,266 $ 2,077 $ 1,938 $ 1,802 $ 1,477 Cost of goods sold 2,044 1,663 1,431 1,252 1,164 1,088 867 Gross profit 799 827 835 825 774 714 610 Operating expenses 608 476 436 322 279 275 229 Net income $ 191 $ 351 $ 399 $ 503 $ 495 $ 439 $ 381 HAROUN COMPANY Comparative Balance Sheets December 31, 20192013 ($ thousands) 2019 2018 2017 2016 2015 2014 2013 Assets Cash $ 148 $ 196 $ 204 $ 208 $ 216 $ 213 $ 220 Accounts receivable, net 1,066 1,120 1,014 777 685 649 458 Merchandise inventory 3,858 2,809 2,454 2,068 1,857 1,577 1,144 Other current assets 99 89 55 98 83 84 44 Long-term investments 0 0 0 304 304 304 304 Plant assets, net 4,721 4,702 4,113 2,321 2,399 2,133 1,830 Total assets $ 9,892 $ 8,916 $ 7,840 $ 5,776 $ 5,544 $ 4,960 $ 4,000 Liabilities and Equity Current liabilities $ 2,487 $ 2,092 $ 1,372 $ 1,142 $ 991 $ 937 $ 604 Long-term liabilities 2,658 2,315 2,252 1,046 1,069 1,157 868 Common stock 1,800 1,800 1,800 1,600 1,600 1,400 1,400 Other paid-in capital 450 450 450 400 400 350 350 Retained earnings 2,497 2,259 1,966 1,588 1,484 1,116 778 Total liabilities and equity $ 9,892 $ 8,916 $ 7,840 $ 5,776 $ 5,544 $ 4,960 $ 4,000 Required: 1. Complete the below table to calculate the trend percents for all components of both statements using 2013 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?

($ thousands) Sales Cost of goods sold Gross profit Operating expenses Net income HAROUN COMPANY Comparative Income Statements For Years Ended December 31, 2019-2013 2019 2018 2017 2016 2015 2014 2013 $2,843 $2,490 $2,266 $2,077 $1,938 $1,802 $1,477 2,044 1,663 1,431 1, 252 1,164 1,088 867 799 827 835 825 774 714 610 608 476 436 322 279 275 229 $ 191 $ 351 $ 399 $ 503 $ 495 $ 439 $ 381 HAROUN COMPANY Comparative Balance Sheets December 31, 2019-2013 2019 2018 2017 2016 2015 2014 2013 ($ 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 $ 148 $ 196 $ 204 $ 208 $ 216 $ 213 $ 220 1,066 1,120 1,014 777 685 649 458 3,858 2,809 2,454 2,068 1,857 1,577 1,144 99 89 55 98 83 84 44 0 0 0 304 304 304 304 4,721 4,702 4,113 2,321 2,399 2,133 1,830 $9,892 $8,916 $7,840 $5,776 $5,544 $4,960 $4,000 $2,487 $2,092 $1,372 $1,142 $ 991 $ 937 $ 604 2,658 2,315 2,252 1,046 1,069 1,157 868 1,800 1,800 1,800 1,600 1,600 1,400 1,400 450 450 450 400 400 350 350 2,497 2,259 1,966 1,588 1,484 1,116 778 $9,892 $8,916 $7,840 $5,776 $5,544 $4,960 $4,000 Required: 1. Complete the below table to calculate the trend percents for all components of both statements using 2013 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? Required: 1. Complete the below table to calculate the trend percents for all components of both statements using 2013 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? ( Did inventory increase over this period? Complete this question by entering your answers in the tabs below. Required 1 Comp IS Required 1 Comp BS Required 2 Complete the below table to calculate the trend percents for all components of comparative income statements using 2013 as the base year. (Round your percentage answers to 1 decimal place.) HAROUN COMPANY Income Statement Trends For Years Ended December 31, 2019-2013 2018 2017 2016 2019 2015 2014 2013 Sales % % 100.0 % 100.0 Cost of goods sold Gross profit Operating expenses Net income 100.0 100.0 % 100.0 % Required 1 Comp IS Required 1 Comp BS Required 1 Comp IS Required 1 Comp BS Required 2 Complete the below table to calculate the trend percents for all components of comparative balance sheets using 2013 as the base year. (Round your percentage answers to 1 decimal place.) HAROUN COMPANY Balance Sheet Trends December 31, 2019-2013 2019 2018 2017 2016 2015 2014 2013 Assets Cash % % % % % % 100.0 % 100.0 Accounts receivable, net Merchandise inventory 100.0 Other current assets 100.0 100.0 Long-term investments Plant assets, net 100.0 Total assets % % % % % % 100.0% % % % % % % 100.0 % 100.0 Liabilities and Equity Current liabilities Long-term liabilities Common stock Other paid-in capital Retained earnings Total liabilities & equity 100.0 100.0 100.0 % % % % % % 100.0 % Required: 1. Complete the below table to calculate the trend percents for all components of both statements using 2013 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. Required 1 Comp IS Required 1 Comp BS Required 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? (a) (b) (c) Did sales grow steadily over this period? Did net income as a percent of sales grow over the past four years? Did inventory increase over this period?

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