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In its annual report, WEX Athletic Supply, Inc. includes the following five-year financial summary. Requirement Analyze the company's financial summary for the fiscal years 2016-2020
In its annual report, WEX Athletic Supply, Inc. includes the following five-year financial summary. Requirement Analyze the company's financial summary for the fiscal years 2016-2020 to decide whether to invest in the common stock of WEX. Include the following 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 (WEX uses the LIFO method) d. Evaluation of the ability to pay debts. e. Evaluation of dividends. Requirement a. Compute the trend analysis for net sales and net income (use 2016 as the base year). (Round to the nearest whole percent.) In its annual report, WEX Athletic Supply, Inc. includes the following five-year financial summary. Requirement Analyze the company's financial summary for the fiscal years 2016-2020 to decide whether to invest in the common stock of WEX. Include the following 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 (WEX uses the LIFO method) d. Evaluation of the ability to pay debts. e. Evaluation of dividends. Requirement a. Compute the trend analysis for net sales and net income (use 2016 as the base year). (Round to the nearest whole percent.)
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