Financial Summary In its annual report, XYZ Athletic Supply, Inc. includes the following five-year financial summary: (Click the icon to view the financial summary.) (Vonar amoum wr wouSamas excepi per Smare vara) ZUTO ZUTY 2010 ZUTJ 2014 2013 Read the requirements Net Sales Revenue 131,000 17% Requirement 1. Compute the trend analysis for net sales and net income (use 2014 as the base year). (Round to the nearest whole percent.) Net Sales Revenue Increase Domestic Comparative Store Sales Increase Other Income-Net 10% 2018 2017 2016 2015 2014 $ 275,000 $ 222,000 $ 199,000 $ 171,000 $ 24% 12% 16% 31% 6% 6% 5% 8% 2,090 1,780 1,770 1,700 208,725 169,386 134,235 41,280 36,340 31,670 27,450 1,310 Net sales % % % 154,822 Net income 103,883 22.540 % % % % % Cost of Goods Sold Selling and Administrative Expenses Interest: Interest Expense Interest Income Income Tax Expense (1,070) (1,330) (800) (1,370) 155 140 150 140 (1,100) 230 3,390 6,755 4,420 3,610 2,730 Requirements 3,900 12,939 Net Income 21,735 9,488 2,497 Per Share of Common Stock: Net Income 1.10 0.80 0.70 0.50 0.35 0.28 0.31 Dividends 0.45 0.43 0.39 $ Analyze the company's financial summary for the fiscal years 2014-2018 to decide whether to invest in the common stock of XYZ. Include the following sections in your analysis. 1. Trend analysis for net sales revenue and net income (use 2014 as the base year 2. Profitability analysis. 3. Evaluation of the ability to sell merchandise inventory 4. Evaluation of the ability to pay debts. 5. Evaluation of dividends. 6. Should you invest in the common stock of XYZ Athletic Supply, Inc.? Fully explain your final decision. Financial Position Current Assets, Excluding Merchandise Inventory Merchandise Inventory Property, Plant, and Equipment, Net Total Assets 21,800 17,000 $ 16,800 30,900 $ 24,700 51,600 107,200 32,600 23,000 27,200 $ 22,400 46,200 95,800 27,800 26,800 $ 24,400 $ 21,600 19,300 40,500 35,000 88,900 78,700 28,800 25,600 16,800 18,600 43,300 34,500 Current Liabilities 25,200 64,000 17,000 12.900 34,100 Long-term Debt Stockholders' Equity Financial Ratios 21,200 46,800 51,600 Print Done Acid-Test Ratin 19 10 19 10 13 Print Done Enter any number in the edit fields and then click Check