Answered step by step
Verified Expert Solution
Question
1 Approved Answer
P15-29A (similar to) Question Help In its annual report WYZ Athletic Supply, Inc. includes the following five-year financial summary: (Click the icon to view the
P15-29A (similar to) Question Help In its annual report WYZ Athletic Supply, Inc. includes the following five-year financial summary: (Click the icon to view the financial summary) 0 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 2014 132,000 17% 9% Requirements 1.340 104.412 22,570 WYZ Athletic Supply, Inc. Five-Year Financial Summary (Partial; adapted) Dollar amounts in thousands except per share data) 2018 2017 2016 2015 Net Sales Revenue S 275,000 $ 214,000 S 192,000 $ 160,000 $ Net Sales Revenue Increase 29% 11% 20% 21% Domestic Comparative Store Sales Increase 4% 7% Other Income,Net 2,020 1.850 1,770 1,670 Cost of Goods Sold 208,450 163,710 148,608 125,760 Selling and Administrative Expenses 41,260 36,320 31,690 27,460 Interest Interest Expense (1,020) (1,410) (1,370) (1,040) Interest Income 105 180 160 Income Tax Expense 4,500 3,880 3,680 3,380 Net Income 21,895 10,710 8,562 4,250 Per Share of Common Stock: Net Income 1.20 0.90 0.80 0.60 Dividends 0.30 0.28 0.24 0.20 Financial Position Current Assets, Excluding Merchandise Inventory S 30,300 $ 28,000 $ 25,000 $ 24,600 $ (850) 125 220 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. 2,730 2,903 0.38 0.16 Print Done 22,100 En Print Done s remaining P15-29A (similar to) Question Help In its annual report WYZ Athletic Supply, Inc. includes the following five-year financial summary: (Click the icon to view the financial summary) 0 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 2014 132,000 17% 9% Requirements 1.340 104.412 22,570 WYZ Athletic Supply, Inc. Five-Year Financial Summary (Partial; adapted) Dollar amounts in thousands except per share data) 2018 2017 2016 2015 Net Sales Revenue S 275,000 $ 214,000 S 192,000 $ 160,000 $ Net Sales Revenue Increase 29% 11% 20% 21% Domestic Comparative Store Sales Increase 4% 7% Other Income,Net 2,020 1.850 1,770 1,670 Cost of Goods Sold 208,450 163,710 148,608 125,760 Selling and Administrative Expenses 41,260 36,320 31,690 27,460 Interest Interest Expense (1,020) (1,410) (1,370) (1,040) Interest Income 105 180 160 Income Tax Expense 4,500 3,880 3,680 3,380 Net Income 21,895 10,710 8,562 4,250 Per Share of Common Stock: Net Income 1.20 0.90 0.80 0.60 Dividends 0.30 0.28 0.24 0.20 Financial Position Current Assets, Excluding Merchandise Inventory S 30,300 $ 28,000 $ 25,000 $ 24,600 $ (850) 125 220 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. 2,730 2,903 0.38 0.16 Print Done 22,100 En Print Done s remaining
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started