Selected comparative financial statements of Deuce Company follow.

Required
1. Compute trend percents for all components of both statements using 2006 as the base year. (Round percents to one decimal.)
Analysis Component
2. Analyze and comment on the financial statements and trend percents from part1.

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DEUCE COMPANY Comparative Income Statements For Years Ended December 31,2012-2006 ($ thousands) 2012 2011 2010 2009 2008 2007 2006 Cost of goods sold Gross profit .. Operating expenses .. $660 宰710 $730 $780 $840 $870 $960 376390 394 414 440 450 480 284 320 336 366 400 420 480 84 204 21226240 244 250 DEUCE COMPANY Comparative Balance Sheets December 31, 2012-2006 ($ thousands) 2012 2011 2010 2009 2008 2007 2006 S 34 $ 36 $42 $ 44 $ 50 $ 52 144 180 30 100 328 58 20 26 Merchandise inventory156 162 130 134 168 170 140 176 198 Other current assets Long-term Investments.26 20 414 100 354 $770 $782 $802 $788 $814 $834 $890 16 100 420 312 Plant assets, net Total assets Liabilitles and Equity Current llabilities Long-term llablities ..82 0 132 138 184 204 250 Common stock Other paid-in capital .. Retalned earnings Total labilitles and equity 320 $146 150 50 340 316 $138 $176 $180 $200 $250 $270 150 150 150 150 284 260 220 170 160 $770 $782 $802 $788 $814 $834 $890