Homework: Topic 7 Homework (Appendix D) Save Score: 0 of 30 pts Comprehensive Problem D-1 (similar to) In its annual report, WIL Athletic Supply, Inc. includes the following five-year financial summary HW Score: 54.05%, 37.84 of 70 pts 5 of 5(4 complete) Question Help * Click the icon to view the financial summary.) Requirement 1 Analyze the company's financial summary for the fiscal years 2016-2020 to decide whether to invest in the common stock of WiL include the folo ng sections in your analysis, and fully explain your final decision. a. Trend analysis for net sales and net income (use 2016 as the base year) b. Profitability analysis c. Evaluation of the ability to sell merchandise inventory (WIL uses the LIFO method). d. Evaluation of the ability to pay debts. e. Evaluation of dividends. Requirement ta. Compute the trend analysis for not salos and net income (uso 2016 as the base year), (Round to the noarost whole percent) 2016 2018 2017 2020 2019 Net sales -% Net income- -% [ Five-Year Financial Summary (Partial; adapted) (Dollar amounts in thousands except per share data) Net Sales Net Sales Increase Domestic Comparative Store Sales Increase Other Income-Net Cost of Goods Sold Selling and Administrative Expenses Interest: 2020 2019 2018 2017 2016 2015 $ 240,000 $ 220,000 $ 191,000 $164,000 140,000 17% 10% 2,010 1,890,800 1,630 1,320 80,960 168,300 148,025 128,248111,160 41,270 36,390 31,630 27,490 22,560 9% 15% 16% 17% 5% 6% 4% 8% Interest Expense 1,090) (1,340) (1,300) (990) (840) 165 4,400 3,8403,6803,370 2,720 14,430 12,165 8,350 5,767 4,205 145 Interest Income 140 185 235 Income Tax Expense Net Income Per Share of Common Stock Net Income 1.10 0.80 0.70 0.50 0.28 0.45 0.43 Dividends 0.39 0.35 0.31 Financial Position Current Assets, Excluding Merchandise Inventory Merchandise Inventory at LIFO Cost Property, Plant, and Equipment, Net Total Assets Current Liabilities Long-term Debt Stockholders' Equity Financial Ratios Acid-Test Ratio Rate of Return on Total Assets $ 30,500 $ 27,900 26,500 24,300 $ 21,500 25,000 22,600 22,100 19,600 7,600 $ 16,300 51,000 45,500 40,400 35,800 25,300 106,500 96,000 89,000 79,700 64,400 2,200 27,700 28,600 25,700 17,100 22,500 21,900 17,500 18,800 1 51,800 46,400 42,900 35,200 35,300 1.3 8.4% 15.9% 1.0 14.6% 27.2% 0.9 11.4% 21.4% 0.9 15.3% 29.4% 9.4% 16.4% Rate of Return on Stockholders Equity