In its annual report, WEX Athletic Supply, Inc, includes the following five-year financial summary Click the icon to view the financial sumary) Read the requirements Requirement 1. Compute the trand analysis for net sales and not income ( 2020 as the base your) (Hound to the wront whicho peront 2024 2023 2022 2021 2020 Not sales w Not Income ON Enter any number in the edit fields and then click Check Answer Clear All Financial Summary WEX Athletic Supply, Inc. Five-Year Financial Summary (Partial; adapted) (Dollar amounts in thousands except per share data) 2019 Net Sales Revenue Net Sales Revenue Increase 2024 2023 2022 2021 2020 $ 260,000 $ 218,000 $ 196,000 $ 168,000 $ 140,000 19% 11% 17% 20% 17% 5% 6% 494 796 10% Domestic Comparative Store Sales Increase Other Income-Net 2,040 1,850 1.780 1,630 1.280 Cost of Goods Sold 168,334 151,506 131,712 111020 196.040 41.280 36,356 31,660 27408 22.570 Selling and Administrative Expenses Interest: (1.080) (1,360) (1.390) (1.080) (810) Interest Expense 105 150 200 220 155 Interest Income Print Done Lock Ans ENG 84" d O alt 11 to search 0 Financial Summary ort, WEXA in to view Du - monts Income Tax Expense 4.440 3,810 3,800 3.400 2,220 Computo Not Income Per Share of Common Stock: 19.325 12,140 9.822 6,250 4315 2024 Not Income 1.10 0,80 0.70 0.50 96 028 Dividends 0.45 0.43 039 0.35 0.31 96 Financial Position $ 30.400 $ 28,100 $ 26.100 $ 25,000 $ 22.100 Current Assets, Excluding Merchandise inventory Merchandise Inventory 24.000 23,100 2100 19 800 17,200 16.800 51.700 45.100 Property, Plant, and Equipment, Net 401300 35.400 25,500 107.000 96,300 87.500 80,200 4300 Total Assets 32,200 27500 28.800 25, 100 16400 Current Liabilities 21,000 23,100 17.100 18.300 13.000 Long-term Debt or in the el Print Done ook Ano ENG 847 o TT e here to search Financial Position - Current Assets, Excluding Merchandise Inventory $ Merchandise Inventory Property, Plant, and Equipment, Net Total Assets TO 26,100 $ 25.000 $ 22.100 21,100 19.800 17200 5 40,300 35.000 25 500 30 400 S 28.100 5 24.900 23.100 51.700 45.100 107.000 90,300 32.200 27.500 87,500 80.200 64.800 Current Liabilities 16,400 Long-term Debt 25,800 17.100 25.100 18,300 23.100 21,000 13,000 Stockholders' Equity 51,700 47,800 41.600 36.800 35,400 Financial Ratios 0.9 1.0 Acid-Test Ratio 10 09 13 20.1% 1479 13.45 10.1% 9.1 Rate of Return on Total Assets 38.8% 2729 25.1% 17.39 1884 Rate of Return on Stockholders' Equity Print Dono Lock And 12:35 AM ENG 84" 02 O . rch ODAVA i Requirements Analyze the company's financial summary for the fiscal years 2020-2024 to decide whether to invest in the common stock of WEX. 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 WEX Athletic Supply, Inc.? Fully explain your final decision. Print Done 8 F BE 0 1 o 1