In its annual report, WAM Athletic Supply, Inc. includes the following five-year financial summary: (Click the icon to view the financial summary.) Read the requirements. Financial Summary The current and acid-test ratios are fairly This indicates that the comp payments for debt. The times-interest-earned ratio has from 20 Requirement 5. Evaluate the dividends. Begin by selecting the appropriate measurements to evaluate dividends. Requirements Analyze the company's financial summary for the fiscal years 2020-2024 to decide whether to invest in the common stock of WAM. Include the following sections in your analysis. 1. Trend analysis for net sales revenue and net income (use 2020 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 WAM Athletic Supply, Inc.? Fully explain your final decision. Financial Summary In its annual report, WAM Athletic Supply, Inc. includes the following five-year financial summary: (Click the icon to view the financial summary.) Read the Select the formula reference in the last column of the table and enter the earnings per share for each year. (Round to the nearest cent, X.XX.) (Click the icon to view the formulas.) Requirement 3. Evaluate the ability to sell merchandise inventory. Begin by selecting the appropriate measurements that should be used to measure the ability to sell inventory and the profitablilty of each sales dollar above the cost of goods sold. Select the formula reference in the last column of the table and enter the the gross profit percentage for each year. (Round your answers to the nearest tenth percent, X.X\%.) (Click the icon to view the formulas.) Gross profit percent: (Click the icon to view the formulas.) table below to one decimal place, X.X) (Click the icon to view the formulas.) In its annual report, WAM Athletic Supply, Inc. includes the following five-year financial summary: (Click the icon to view the financial summary.) Read the Inventory turnover has over the period examined, which is a sign. The company is selling inventory rapidly. Requirement 4. Evaluate the ability to pay debts. Begin by selecting the appropriate measurements that should be used to measure the ability to pay debts. Select the formula reference in the last column of the table and enter the acid-test ratio for each year. (Round the ratio to one decimal place, X.X.) (Click the icon to view the formulas.) Select the formula reference in the last column of the table and compute the current ratio for each year. (Round the ratio to two decimal places, X.XX.) (Click the icon to view the formulas.) Select the formula reference in the last column of the table and compute the debt to equity ratio for each year. (Round the ratio to two decimal places, X.XX.) (Click the icon to view the formulas.) Select the formula reference in the last column of the table and compute the times-interest-earned ratio for each year. (Round the ratio to two decimal places, X.XX.) (Click the icon to view the formulas.) company to company.) The current and acid-test ratios are fairly This indicates that the company pay its liabilities. The company's debt to total assets (its debt ratio) extraordinarily high, which the company making all payments for debt. The times-interest-earned ratio has from 2020 to 2024 which is Requirement 5. Evaluate the dividends. Begin by selecting the appropriate measurements to evaluate dividends. Enter the dividends per share for each year. (Round to the nearest cent, X.XX.) Select the formula reference in the last column of the table and calculate the dividend payout for each year. (Round your answers to the nearest whole percent, X\%) (Click the icon to view the formulas.) The dividend per share is over time so the stock is Requirement 6 . Should you invest in the common stock of WAM Athletic Supply, Inc.? Fully explain your final decision. WAM's trend of net sales, net income, inventory turnover, earnings per share, and times-interest-earned have All other measures have There trouble spots in WAM's data. Therefore, invest in WAM for dividends and growth. In its annual report, WAM Athletic Supply, Inc. includes the following five-year financial summary: (Click the icon to view the financial summary.) Read the requirements. Financial Summary The current and acid-test ratios are fairly This indicates that the comp payments for debt. The times-interest-earned ratio has from 20 Requirement 5. Evaluate the dividends. Begin by selecting the appropriate measurements to evaluate dividends. Requirements Analyze the company's financial summary for the fiscal years 2020-2024 to decide whether to invest in the common stock of WAM. Include the following sections in your analysis. 1. Trend analysis for net sales revenue and net income (use 2020 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 WAM Athletic Supply, Inc.? Fully explain your final decision. Financial Summary In its annual report, WAM Athletic Supply, Inc. includes the following five-year financial summary: (Click the icon to view the financial summary.) Read the Select the formula reference in the last column of the table and enter the earnings per share for each year. (Round to the nearest cent, X.XX.) (Click the icon to view the formulas.) Requirement 3. Evaluate the ability to sell merchandise inventory. Begin by selecting the appropriate measurements that should be used to measure the ability to sell inventory and the profitablilty of each sales dollar above the cost of goods sold. Select the formula reference in the last column of the table and enter the the gross profit percentage for each year. (Round your answers to the nearest tenth percent, X.X\%.) (Click the icon to view the formulas.) Gross profit percent: (Click the icon to view the formulas.) table below to one decimal place, X.X) (Click the icon to view the formulas.) In its annual report, WAM Athletic Supply, Inc. includes the following five-year financial summary: (Click the icon to view the financial summary.) Read the Inventory turnover has over the period examined, which is a sign. The company is selling inventory rapidly. Requirement 4. Evaluate the ability to pay debts. Begin by selecting the appropriate measurements that should be used to measure the ability to pay debts. Select the formula reference in the last column of the table and enter the acid-test ratio for each year. (Round the ratio to one decimal place, X.X.) (Click the icon to view the formulas.) Select the formula reference in the last column of the table and compute the current ratio for each year. (Round the ratio to two decimal places, X.XX.) (Click the icon to view the formulas.) Select the formula reference in the last column of the table and compute the debt to equity ratio for each year. (Round the ratio to two decimal places, X.XX.) (Click the icon to view the formulas.) Select the formula reference in the last column of the table and compute the times-interest-earned ratio for each year. (Round the ratio to two decimal places, X.XX.) (Click the icon to view the formulas.) company to company.) The current and acid-test ratios are fairly This indicates that the company pay its liabilities. The company's debt to total assets (its debt ratio) extraordinarily high, which the company making all payments for debt. The times-interest-earned ratio has from 2020 to 2024 which is Requirement 5. Evaluate the dividends. Begin by selecting the appropriate measurements to evaluate dividends. Enter the dividends per share for each year. (Round to the nearest cent, X.XX.) Select the formula reference in the last column of the table and calculate the dividend payout for each year. (Round your answers to the nearest whole percent, X\%) (Click the icon to view the formulas.) The dividend per share is over time so the stock is Requirement 6 . Should you invest in the common stock of WAM Athletic Supply, Inc.? Fully explain your final decision. WAM's trend of net sales, net income, inventory turnover, earnings per share, and times-interest-earned have All other measures have There trouble spots in WAM's data. Therefore, invest in WAM for dividends and growth
