Log In | LoudCloud Systems X Do Homework - ACC-260 Benchr X + X C A mathxl.com/Student/PlayerHomework.aspx?homeworkld=611719743&questionld=1&flushed=false8cld=6727461&back=DoAssignments.aspx?view=homework ACC-260-0500 Cheyenne Mason & | 11/05/21 5:53 PM Homework: ACC-260 Benchmark - Topic 7 Assign... Question 6, PC-29A (sim.. HW Score: 67.31%, 67.31 of 100 points Points: 1.63 of 30 Save Part 3 of 24 In its annual report, WEX 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 net income (use 2014 as the base year). (Round to the nearest whole percent.) 2018 2017 2016 2015 2014 Net sales 176% 157 % 140 % 117 % 100 % Net income 380 % 329% 231% 139 % 100 % Trends in net sales and net income are both upward , which is positive Requirement 2. Compute the profitability analysis. Begin by selecting the appropriate measurements that should be used to complete a profitability analysis. Help me solve this Calculator Get more help - Clear all Check answer w 9 8:39 PM O 11/5/2021Log In | LoudCloud Systems X Do Homework - ACC-260 Benchr X + X C A mathxl.com/Student/PlayerHomework.aspx?homeworkld=611719743&questionld=1&flushed=false8cld=6727461&back=DoAssignments.aspx?view=homework # 8 ACC-260-0500 Cheyenne Mason & | 11/05/21 5:53 PM Homework: AC Question 6, PC-29A (sim. HW Score: 67.31%, 67.31 of 100 points Save X In its annual report, WEX Athle Financial summary (Click the icon to view the Read the requirements WEX Athletic Supply, Inc. Five-Year Financial Summary (Partial; adapted) Requirement 1. Compute the (Dollar amounts in thousands except per share data) 2018 2017 2016 2015 2014 2013 $ 245,000 $ 218,000 $ 194,000 $ 162,000 $ 139,000 2018 Net Sales Revenue 176% Net Sales Revenue Increase 12% 12% 20% 17% 17% Net sales 6% 4% 7% 9% Net income 380 % Domestic Comparative Store Sales Increase 5% Other Income-Net 2,030 1.850 1,720 1,610 1.360 Trends in net sales and net inc Cost of Goods Sold 185,710 165,898 150,350 126,522 110,505 Requirement 2. Compute the Selling and Administrative Expenses 41,236 36,320 31,670 27,480 22,520 Begin by selecting the appropri Interest: Interest Expense (1,090) (1,300) (1,290) (1,040) (880) Interest Income 120 195 170 185 165 Income Tay Fynense 4 460 3 820 3 650 3 380 2 760 Print Done Help me solve this Check answer 8:39 PM O w 9 11/5/2021Log In | LoudCloud Systems X Do Homework - ACC-260 Benchr X + X C A mathxl.com/Student/PlayerHomework.aspx?homeworkld=611719743&questionld=1&flushed=false8cld=6727461&back=DoAssignments.aspx?view=homework # 8 ACC-260-0500 Cheyenne Mason & | 11/05/215:53 PM Homework: AC Question 6, PC-29A (sim. HW Score: 67.31%, 67.31 of 100 points Save X Financial summary In its annual report, WEX Athle (Click the icon to view the Read the requirements Income Tax Expense 4,460 3,820 3,650 3,380 2,760 Net Income 14,654 12,707 8,930 5,373 3,860 Requirement 1. Compute the Per Share of Common Stock: 2018 Net Income 1.40 1.10 1.00 0.80 0.58 176% Dividends 0.30 0.28 0.24 0.20 0.16 Net sales Net income 380 % Financial Position Current Assets, Excluding Merchandise Inventory $ 30,800 $ 27,300 $ 26,000 $ 24,600 $ 21,100 Trends in net sales and net inc Merchandise Inventory 24,400 22,300 22,000 20,000 18,000 $ 16,600 Requirement 2. Compute the Property, Plant, and Equipment, Net 51,600 45,500 40,200 36,100 25,700 Begin by selecting the appropr Total Assets 106,800 95, 100 88,200 80,700 64,800 Current Liabilities 32,700 27,700 28,100 25,800 16,400 Long-term Debt 22,900 21,300 17,800 18,200 12,900 Stockholders' Equity 61 200 AG 100 12 200 36 700 36 60n Print Done Help me solve this Check answer 8:39 PM O w 9 11/5/2021Log In | LoudCloud Systems X Do Homework - ACC-260 Benchr X + X C A mathxl.com/Student/PlayerHomework.aspx?homeworkld=611719743&questionld=1&flushed=false8cld=6727461&back=DoAssignments.aspx?view=homework # 8 ACC-260-0500 Cheyenne Mason & | 11/05/215:53 PM Homework: AC Question 6, PC-29A (sim. HW Score: 67.31%, 67.31 of 100 points Save X Financial summary In its annual report, WEX Athle (Click the icon to view the Dividends 0.30 0.28 0.24 0.20 0.16 Read the requirements Financial Position Current Assets, Excluding Merchandise Inventory 30,800 $ 27,300 $ 26,000 $ 24,600 $ 21,100 Requirement 1. Compute the Merchandise Inventory 24,400 22,300 22,000 20,000 18,000 $ 16,600 2018 Property, Plant, and Equipment, Net 51,600 45,500 40,200 36.100 25,700 Net sales 176% Total Assets 106,800 95, 100 88,200 80,700 64,800 Net income 380 % Current Liabilities 32,700 27,700 28,100 25,800 16,400 Long-term Debt 22,900 21,300 17,800 18,200 12,900 Trends in net sales and net inc Stockholders' Equity 51,200 46, 100 42,300 36,700 35,500 Requirement 2. Compute the Financial Ratios Begin by selecting the appropri Acid-Test Ratio 0.9 1.0 0.9 1.0 1.3 Rate of Return on Total Assets 15.6% 15.3% 12.1% 8.8% 7.8% Rate of Return on Stockholders' Equity 30.1% 28.7% 22.6% 14.9% 14.4% Print Done Help me solve this Check answer 8:40 PM O w 9 11/5/2021