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28 Sep 2019
Selectedcomparative financial statements of Haroun Company follow.
HAROUN COMPANY Comparative Income Statements For Years Ended December 31, 2015â2009 ($thousands) 2015
2014
2013
2012
2011
2010
2009
Sales $ 2,287 $ 2,003 $ 1,822 $ 1,670 $ 1,559 $ 1,449 $ 1,188 Costof goods sold 1,644 1,337 1,150 1,006 935 875 697 Gross profit 643 666 672 664 624 574 491 Operating expenses 489 382 351 259 224 221 184 Netincome $ 154 $ 284 $ 321 $ 405 $ 400 $ 353 $ 307
HAROUN COMPANY
Comparative Balance Sheets
December 31, 2015â2009
($ thousands)
2015
2014
2013
2012
2011
2010
2009
Assets
Cash
$ 152 $ 201 $ 209 $ 213 $ 222 $ 219 $ 226 Accounts receivable, net
1,093 1,148 1,039 797 702 665 469 Merchandise inventory
3,954 2,879 2,515 2,119 1,904 1,617 1,173 Other current assets
101 91 56 101 85 86 45 Long-term investments
0 0 0 312 312 312 312 Plant assets, net
4,839 4,820 4,217 2,378 2,458 2,185 1,875 Total assets
$ 10,139 $ 9,139 $ 8,036 $ 5,920 $ 5,683 $ 5,084 $ 4,100 Liabilities and Equity
Current liabilities
$ 2,549 $ 2,144 $ 1,406 $ 1,170 $ 1,015 $ 960 $ 619 Long-term liabilities
2,725 2,374 2,310 1,072 1,096 1,186 890 Common stock
1,845 1,845 1,845 1,640 1,640 1,435 1,435 Other paid-in capital
461 461 461 410 410 359 359 Retained earnings
2,559 2,315 2,014 1,628 1,522 1,144 797 Total liabilities and equity
$ 10,139 $ 9,139 $ 8,036 $ 5,920 $ 5,683 $ 5,084 $ 4,100
Complete the below table to calculate the trend percents for allcomponents of both statements using 2009 as the base year.(Round your percentage answers to 1 decimalplace.)
**PLEASE FILL IN THE GRAPH DISPLAYED**â
Haroun Company Income Statement Trends For Years Ended December 31, 2015 2015 2014 2013 2012 2011 2010 2009 Sales % % % % % % 100.0 % Cost of goods sold 100.0 Gross profit 100.0 Operating expenses 100.0 Net income % % % % % % 100.0 %
Haroun Company Balance Sheet Trends December 31, 2015-2009 2015 2014 2013 2012 2011 2010 2009 Assets Cash % % % % % %â 100.0 % Accounts receivable, net 100.0 Merchandise inventory 100.0 Other current assets 100.0 long-term investments 100.0 Plant assets, net 100.0 Total assets % % % % % % 100.0 % Liabilities and Equity Current Liablities % % % % % % 100.0 % Long-term Liabilites 100.0 Common Stock 100.0 Other paid-in capital 100.0 Retained earnings 100.0 Total liabilites & equity % % % % % % 100.0 %
**PLEASE FILL IN THE GRAPH DISPLAYED**
Selectedcomparative financial statements of Haroun Company follow. |
HAROUN COMPANY | ||||||||||||||||||||||||||||
Comparative Income Statements | ||||||||||||||||||||||||||||
For Years Ended December 31, 2015â2009 | ||||||||||||||||||||||||||||
($thousands) | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |||||||||||||||||||||
Sales | $ | 2,287 | $ | 2,003 | $ | 1,822 | $ | 1,670 | $ | 1,559 | $ | 1,449 | $ | 1,188 | ||||||||||||||
Costof goods sold | 1,644 | 1,337 | 1,150 | 1,006 | 935 | 875 | 697 | |||||||||||||||||||||
Gross profit | 643 | 666 | 672 | 664 | 624 | 574 | 491 | |||||||||||||||||||||
Operating expenses | 489 | 382 | 351 | 259 | 224 | 221 | 184 | |||||||||||||||||||||
Netincome | $ | 154 | $ | 284 | $ | 321 | $ | 405 | $ | 400 | $ | 353 | $ | 307 | ||||||||||||||
HAROUN COMPANY | |||||||||||||||||||||
Comparative Balance Sheets | |||||||||||||||||||||
December 31, 2015â2009 | |||||||||||||||||||||
($ thousands) | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | ||||||||||||||
Assets | |||||||||||||||||||||
Cash | $ | 152 | $ | 201 | $ | 209 | $ | 213 | $ | 222 | $ | 219 | $ | 226 | |||||||
Accounts receivable, net | 1,093 | 1,148 | 1,039 | 797 | 702 | 665 | 469 | ||||||||||||||
Merchandise inventory | 3,954 | 2,879 | 2,515 | 2,119 | 1,904 | 1,617 | 1,173 | ||||||||||||||
Other current assets | 101 | 91 | 56 | 101 | 85 | 86 | 45 | ||||||||||||||
Long-term investments | 0 | 0 | 0 | 312 | 312 | 312 | 312 | ||||||||||||||
Plant assets, net | 4,839 | 4,820 | 4,217 | 2,378 | 2,458 | 2,185 | 1,875 | ||||||||||||||
Total assets | $ | 10,139 | $ | 9,139 | $ | 8,036 | $ | 5,920 | $ | 5,683 | $ | 5,084 | $ | 4,100 | |||||||
Liabilities and Equity | |||||||||||||||||||||
Current liabilities | $ | 2,549 | $ | 2,144 | $ | 1,406 | $ | 1,170 | $ | 1,015 | $ | 960 | $ | 619 | |||||||
Long-term liabilities | 2,725 | 2,374 | 2,310 | 1,072 | 1,096 | 1,186 | 890 | ||||||||||||||
Common stock | 1,845 | 1,845 | 1,845 | 1,640 | 1,640 | 1,435 | 1,435 | ||||||||||||||
Other paid-in capital | 461 | 461 | 461 | 410 | 410 | 359 | 359 | ||||||||||||||
Retained earnings | 2,559 | 2,315 | 2,014 | 1,628 | 1,522 | 1,144 | 797 | ||||||||||||||
Total liabilities and equity | $ | 10,139 | $ | 9,139 | $ | 8,036 | $ | 5,920 | $ | 5,683 | $ | 5,084 | $ | 4,100 | |||||||
Complete the below table to calculate the trend percents for allcomponents of both statements using 2009 as the base year.(Round your percentage answers to 1 decimalplace.)
**PLEASE FILL IN THE GRAPH DISPLAYED**â
Haroun Company | ||||||||||||||
Income Statement Trends | ||||||||||||||
For Years Ended December 31, 2015 | ||||||||||||||
2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | ||||||||
Sales | % | % | % | % | % | % | 100.0 | % | ||||||
Cost of goods sold | 100.0 | |||||||||||||
Gross profit | 100.0 | |||||||||||||
Operating expenses | 100.0 | |||||||||||||
Net income | % | % | % | % | % | % | 100.0 | % |
Haroun Company | ||||||||||||||
Balance Sheet Trends | ||||||||||||||
December 31, 2015-2009 | ||||||||||||||
2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | ||||||||
Assets | ||||||||||||||
Cash | % | % | % | % | % | %â | 100.0 | % | ||||||
Accounts receivable, net | 100.0 | |||||||||||||
Merchandise inventory | 100.0 | |||||||||||||
Other current assets | 100.0 | |||||||||||||
long-term investments | 100.0 | |||||||||||||
Plant assets, net | 100.0 | |||||||||||||
Total assets | % | % | % | % | % | % | 100.0 | % | ||||||
Liabilities and Equity | ||||||||||||||
Current Liablities | % | % | % | % | % | % | 100.0 | % | ||||||
Long-term Liabilites | 100.0 | |||||||||||||
Common Stock | 100.0 | |||||||||||||
Other paid-in capital | 100.0 | |||||||||||||
Retained earnings | 100.0 | |||||||||||||
Total liabilites & equity | % | % | % | % | % | % | 100.0 | % |
**PLEASE FILL IN THE GRAPH DISPLAYED**
Trinidad TremblayLv2
28 Sep 2019