Five-Year Financial Summary (Partial; adapted) 2018 2017 2016 2015 2014 2013 DoWar amounts in thousands except per share data) Net Sales Net Sales Increase Domestic Comparative Store Sales Increase Other income- Net 244,524 $217.799 $191,329 $165,013 $137634 17% 16% 5% 20% 14% 6% 12% 5% 8% 9% 2.001 1731.787 1,6151,391 91,838 171,562 10,255 129,664 108,725 41.236 36,356 31,67927,408 22,516 Cost of Goods Sold Operating, Selling, and General and Administrative Expenses Interest: (1,063) (1,357)(1,33) (1,045)(803) 138 118820489 4,487 3,8973.6923,338 2.740 80396,67162953774430 Interest Expense Interest Income Income Tax Expense Net Income Per Share of Common Stock: 1.81 1.49 1410.99 0.30 0.280.240.0.16 Net Income Dividends Financial Position Current Assets, Excluding Merchandise Inventory Merchandise Inventory at LIFO Cost Property, Plant, and Equipment, Net Total Assets Current Liabilities Long-term Debt Shareholders Equity Financial Ratios Acid-test Ratio Rate of Return on Total Assets Rate of Return on Shareholders' Equity 5 30,483 27878 26.555 5 24356 5 21,132 24.891. 22,614--21,442%,-19,793 17,076 16,497 1,904 45,750 40,934 35,96925,973 94,685 83,527 78,13070,34949,996 32,617 27,282 28,949 25,803 16,762 22,731 21,143 17,838 18,712 12,122 39,337 35,102 31.34325,834 21,112 0.9 10 0.9 0.9 1.3 10.2% 9.9% 10.3% 10.7% 9.6% 21.6% 20.1% 22.0% 22.9% 22.4% Requirements 1. Analyze the company's financial summary for the fiscal years 2014-2018 to decide whether to invest in the common stock of WRS. Include the following sections in your analysis, and fully explain your final decision. 1. Trend analysis for net sales and net income (use 2014 as tche base year). 2. Profitability analysis. 3. Evaluation of the ability to sell merchandise inventory (WRS uses the LIFO method). 4. Evaluation of the ability to pay debts. 5. Evaluation of dividends