Selected comparative financial statements of Haroun Company follow. Required: 1. Complete the below table to calculate the
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Question:
Selected comparative financial statements of Haroun Company follow.
Required:
1. Complete the below table to calculate the trend percents for all components of both statements using 2015 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?
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