In its annual report, WYZ Athletic Supply, Inc. includes the following five-year financial summary: e 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). 2018 2017 2016 2015 2014 Net sales % % % % % Net income % % % % % X Financial Summary 2013 WYZ Athletic Supply, Inc. Five-Year Financial Summary (Partial; adapted) (Dollar amounts in thousands except per share data) 2018 2017 2016 2015 2014 Net Sales Revenue $ 260,000 $ 218,000 $ 200,000 $ 171,000 $ 130,000 Net Sales Revenue Increase 1994 9% 17% 32% 17% Domestic Comparative Store Sales Increase 6% 6% 4% 7% 10% Other Income-Net 2,010 1,800 1,780 1,670 1,300 Cost of Goods Sold 197 340 166,334 154,800 134,064 102,830 Selling and Administrative Expenses 41,290 36,360 31,679 27.470 22,510 Interest Interest Expense (1.000) (1.350) (1,390) (1,080) (870) Interest Income 145 180 195 220 180 Income Tax Expense 4,430 3,870 3,680 3,330 2,740 Net Income 18,095 12,086 10,426 6,946 2,530 Per Share of Common Stock Net Income 1.20 0.90 0.80 0.60 0.38 Dividends 0.30 0.28 0.24 0.20 0.16 Financial Position Current Assets, Excluding Merchandise Inventory 5 30,600 $ 28,100 $ 26,100 $ 24,900 $ 21,700 Merchandise Inventory 24,200 22.700 21,400 19,800 17,600 $ Property, Plant, and Equipment, Net 52.000 45,900 40,500 35,600 25,100 CDD 16,800 LA ne 0 TO 00 on Print Done $ 16,800 Current Assets, Excluding Merchandise Inventory Merchandise Inventory Property, Plant, and Equipment, Net Total Assets Current Liabilities Long-term Debt Stockholders' Equity Financial Ratios 30,600 $ 28,100 $ 24,200 22,700 52,000 45,900 106,800 96.700 32,700 27.400 22,000 21,800 52,100 47,500 26,100 $ 24,900 $ 21,400 19,800 40,500 35,600 88,000 80.300 29,000 25,800 16,900 18.700 42,100 35,800 21,700 17,600 $ 25.100 64,400 16,100 12.900 35.400 0.9 1.0 0.9 1.0 13 Acid-Test Ratio Rate of Return on Total Assets Rate of Return on Stockholders' Equity 18.8% 14.5% 14.0% 11.1% 10.1% 36.3% 26.9% 26.8% 19.5% 19,0% s the base year). (Round to the nearest whole percent.) - X Requirements Analyze the company's financial summary for the fiscal years 2014-2018 to decide whether to invest in the common stock of WYZ. 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 WYZ Athletic Supply, Inc.? Fully explain your final decision. Print Done