In its annual report, WAM Athletic Supply, Inc. includes the following five-year financial summary: EEB (Click the icon to view the financial summary.) Read the requirements. 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 2016 2015 2014 Requirements Net sales Net income Analyze the company's financial summary for the fiscal years 2014-2018 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 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 WAM Athletic Supply, Inc.? Fully explain your final decision. Financial Summary WAM Athletic Supply, Inc Five-Year Financial Summary (Partial; adapted) 2018 2014 Dollar amounts in thousands except per share data) Net Sales Revenue Net Sales Revenue Increase Domestic Comparative Store Sales Increase Other Income-Net Cost of Goods Sold Selling and Administrative Expenses Interest: 2017 2016 2015 2013 $ 245,000 $ 217,000 $ 194,000 $ 164,000 $ 133,000 13% 12% 18% 17% 9% 1,390 185,220 165,571 149,962 128,248 105,070 41,280 36,380 31,660 27,470 22,520 23% 5% 1,670 6% 6% 2,010 1,880 1,730 (860) 140 2,710 3,370 Interest Expense (1,110) ,360 1,290) (990) 225 3,400 9,303 5,787 145 4,430 3,830 15,120 11,884 Interest Income 150 165 Income Tax Expense Net Income Per Share of Common Stock: 3,680 Print Done