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In its annual report, WEZ Athletic Supply, Inc. includes the following five-year financial summary Click the icon to view the financial summary) Read the requirements

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In its annual report, WEZ Athletic Supply, Inc. includes the following five-year financial summary Click the icon to view the financial summary) Read the requirements Requirement 1. Compute the trend analysis for net sales and not income (use 2020 as the base year) (Round to the nearest whole percent) 2024 2023 2022 2021 2020 Net sales 5 % Net income 9 96 % 20 Franci Suary Using the browser's print will lead to an undesirable print out. Use the Print item from the "Question Help menu to get a better print-out WBZ Athletic Supply, Inc. Five-Year Financial Summary (Partial; adapted) (Dollar amounts in thousands except per share data) 2024 2023 2022 2021 2020 2019 Net Sales Revenue $ 275,000 $ 218,000 $ 195,000 $ 160,000 $ 131,000 Net Sales Revenue Increase 26% 12% 17% 27% 17% Domestic Comparative Store Sales increase 6% 7% 5% 7% 9% Other Income-Net 2,050 1.800 1,720 1,600 1,380 Cost of Goods Sold 208,725 166.770 151,710 130,476 103,752 Selling and Administrative Expenses 41,270 36,390 31,630 27,460 22,570 Interest: Interest Expense (1.100) (1.400) (1.370) (1,060) (900) Interest Income 120 145 205 215 150 Income Tax Expense 4.480 3,810 3,670 3,340 2,730 Net Income 21,595 11.575 8,545 5,479 2.578 Per Share of Common Stock: Net Income 1.40 1.10 1.00 0.80 0.58 Dividends 0.40 0.38 0.34 0.30 0.26 Financial Position Current Assets, Excluding Merchandise Inventory $ 30,600 $ 27.400 $ 26,900 $ 24,000 $ 21,000 Merchandise Inventory 24,200 22,500 21,200 19,800 17,000 $ 16,800 Property, Plant, and Equipment, Net 51,200 46,000 40,200 35,400 25,300 Total Assets 106,000 95.900 88,300 79,200 63.300 Current Liabilities 32,900 27.300 29,000 25,100 16,100 Long-term Debt 22,000 21.100 16,900 18,300 13,100 Stockholders' Equity 51,100 47,500 42,400 35,800 34,100 Financial Ratios Acid-Test Ratio 0.9 1.0 0.9 1.0 1.3 Rate of Return on Total Assets 22.5% 14.1% 11.8% 8.2% Rate of Return on Stockholders' Equity 43.8% 25.8% 21.9% 15.7% 15.2% 9.2% https://www.math.com/StudentPlayerHomework as homeworkd-57 70226&questionid=1&fushed-truc-61909078.centerwinyes

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