3 of 3 (2 complete) Homework: Chapter 15 Homework Score: 0 of 4 pts P15-29A (similar to) In its annual report, WRM Athletic Supply, Inc. includes the following five-year financial summary: (Click the icon to view the financial summary.) Read the requirements 2016 Requirement 1. Compute the trend analysis for net sales and net income (use 2014 as the base year). (Round to the nearest whole percent.) 2018 2017 2015 2014 Net sales Net income % 15 Hoftework + 3 of 3 (2 complete) Financial Summary 2013 2014 137,000 17% 6% 9% WRM Athletic Supply, Inc. Five-Year Financial Summary (Partial; adapted) (Dollar amounts in thousands except per share data) 2018 2017 2016 2015 Net Sales Revenue $ 260,000 $ 217,000 $ 197,000 $ 165,000 $ Net Sales Revenue Increase 20% 10% 19% 20% Domestic Comparative Store Sales Increase 7% 4% 8% Other Income-Net 2,000 1,830 1,780 1,710 Cost of Goods Sold 196,560 166,005 152,478 128,865 Selling and Administrative Expenses 41,220 36,320 31,690 27.408 Interest: Interest Expense (1,050) (1,330) (1,350) (990) Interest Income 150 180 160 Income Tax Expense 4,460 3,870 3,610 3,350 Net Income 18,860 11,485 9,812 6,337 Per Share of Common Stock Net Income 1.20 0.90 0.80 0.60 Dividends 0.45 0.43 0.39 0.35 1,290 108,230 22,580 (810) 240 170 2,750 4,090 0.38 0.31 Print Done MacBook Air TUTIONUMUR