FAROUN COMPANY Comparative Income Statements For Years Ended December 31, 2017-2
ID: 2531067 • Letter: F
Question
FAROUN COMPANY Comparative Income Statements For Years Ended December 31, 2017-2011 Sales Cost of goods sold Gross proft Operating expenses Net income 2017 2016 2015 2014 2013 2012 2011 $2,784 $2,438 $2,218 $2,033 $1,897 $1,764 $1,446 2002 1,628 1401 1226 1139 1,065 849 782 810 817 807 758 699597 595 465 427315 273 269224 187 $ 345 $ 390 492 485 430 $ 373 HAROUN COMPANY Comparative Balance Sheets December 31, 2017-2011 ($ 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 2017 2016 2015 2014 2013 2012 2011 s 78 103 107 S 109 114 $ 112 $ 116 560 588 532 408 360 341 240 0 160 160 160160 s 5,193 $4681 $4,116 $3,032 $2911 $2604 $2.100 s 1,305 $ 1,098 720 $ 599 s 520 s 492 $ 317 975 2,478 2468 2160 12181258 1.119 1,396 1,216 1,183 549 56 1608 735 236 236 236 210 210 184 456 945 13111.186 1032 834 780 585 408 $ 5,193 $ 4,681 $4,116 $3,032 $2,911 $ 2,604 $2,100Explanation / Answer
Haroun Compabny Income stataement trends For years ended December 31,2017-2011 2017 2016 2015 2014 2013 2012 2011 Sales 192.5% 168.6% 153.4% 140.6% 131.2% 122.0% 100% Cost of goods sold 235.8% 191.8% 165.0% 144.4% 134.2% 125.4% 100% Gross profit 131.0% 135.7% 136.9% 135.2% 127.0% 117.1% 100% Operating expenses 265.6% 207.6% 190.6% 140.6% 121.9% 120.1% 100% Net Income 50.1% 92.5% 104.6% 131.9% 130.0% 115.3% 100% Eg : 2012 100/1446*1764 = 122 Rounded of to 1 decimal Haroun Compabny Balance Sheet trends December 31,2017-2011 2017 2016 2015 2014 2013 2012 2011 Assets Cash 67.2% 88.8% 92.2% 94.0% 98.3% 96.6% 100% Accounts Receivable, NET 233.3% 245.0% 221.7% 170.0% 150.0% 142.1% 100% Merchandise Inventory 336.9% 245.4% 214.3% 180.5% 162.2% 137.8% 100% Other Current Assets 226.1% 204.3% 126.1% 226.1% 191.3% 191.3% 100% Long-term Investments 0.0% 0.0% 0.0% 100.0% 100.0% 100.0% 100% Plant assets,net 258.1% 257.1% 225.0% 126.9% 131.0% 116.6% 100% Total Assets 247.3% 222.9% 196.0% 144.4% 138.6% 124.0% 100% Liabilities and equity Current Liabilities 411.7% 346.4% 227.1% 189.0% 164.0% 155.2% 100% Long-term Liabilities 306.1% 266.7% 259.4% 120.4% 123.0% 133.3% 100% Common Stock 128.6% 128.6% 128.6% 114.3% 114.3% 100.0% 100% Other Paid in capital 128.3% 128.3% 128.3% 114.1% 114.1% 100.0% 100% Retained Earnings 321.3% 290.7% 252.9% 204.4% 191.2% 143.4% 100% Total Liabilities and equity 247.3% 222.9% 196.0% 144.4% 138.6% 124.0% 100% example: 2012 cash 112/116*100
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.