Selected comparative financial statements of Korbin Company follow:

KORBIN COMPANY
Comparative Income Statements
For Years Ended December 31, 2014, 2013, and 2012
			2014				2013				2012
Sales		$	436,392			$	334,312			$	232,000
Cost of goods sold			262,708				211,285				148,480
Gross profit			173,684				123,027				83,520
Selling expenses			61,968				46,135				30,624
Administrative expenses			39,275				29,419				19,256
Total expenses			101,243				75,554				49,880
Income before taxes			72,441				47,473				33,640
Income taxes			13,474				9,732				6,829
Net income		$	58,967			$	37,741			$	26,811

KORBIN COMPANY
Comparative Balance Sheets
December 31, 2014, 2013, and 2012
			2014				2013				2012
Assets
Current assets		$	53,080			$	41,529			$	55,514
Long-term investments			0				900				4,450
Plant assets, net			100,109				106,323				63,277
Total assets		$	153,189			$	148,752			$	123,241
Liabilities and Equity
Current liabilities		$	22,366			$	22,164			$	21,567
Common stock			69,000				69,000				51,000
Other paid-in capital			8,625				8,625				5,667
Retained earnings			53,198				48,963				45,007
Total liabilities and equity		$	153,189			$	148,752			$	123,241

1.

value: 20.00 points

Required:
1.	Complete the below table to calculate each year's current ratio. (Round your answers to 1 decimal place.)

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2.

value: 20.00 points

2.	Complete the below table to calculate income statement data in common-size percents. (Round your answers to 2 decimal places.)

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3.

value: 20.00 points

3.	Complete the below table to calculate the balance sheet data in trend percents with 2012 as the base year. (Round your answers to 2 decimal places.)

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