PLEASE MAKE SURE TO ANSWER ALL REQUIREMENTS! THIS IS ONE QUESTION.

PD-29A (similar to) In its annual report, WBZ Athletic Supply, Inc. includes the following five-year financial summary: (Click the icon to view the financial summary.) Read the requirements A Requirements - X base) Analyze the company's financial summary for the fiscal years 2014-2018 to decide whether to invest in the common stock of WBZ. 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 WBZ Athletic Supply, Inc.? Fully explain your final decision. Print Done 2013 2014 131,000 17% 9% 1,280 103,752 22,550 (850) 155 2,760 2,523 WBZ Athletic Supply, Inc. Five-Year Financial Summary (Partial; adapted) (Dollar amounts in thousands except per share data) 2018 2017 2016 2015 Net Sales Revenue $ 260,000 $ 217,000 $ 196,000 $ 166,000 $ Net Sales Revenue Increase 20% 11% 18% 27% Domestic Comparative Store Sales Increase 6% 7% 4% . 8% Other Income-Net 2,050 1,810 1,810 1,710 Cost of Goods Sold 196,040 164,920 151,704 129,812 Selling and Administrative Expenses 41,270 36,390 31,670 27,490 Interest Interest Expense (1,010) (1,370) (1,330) (1,000) Interest Income 140 180 165 190 Income Tax Expense 4,430 3,880 3,640 3,370 Net Income 19,440 12,430 9 ,631 6,228 Per Share of Common Stock Net Income 1.30 1.00 0.90 0.70 Dividends 0.45 0.43 0.39 0.35 Financial Position Current Assets, Excluding Merchandise Inventory 31,000 $ 27,400 $ 26,000 $ 24,000 $ Merchandise Inventory 24,800 22,900 21,800 19,800 Property, Plant, and Equipment, Net 51,100 45,600 40,800 35,600 Total Assets 106,900 95,900 88,600 79,400 Current Liabilities 32,500 27,200 2 8,800 25,800 Long-term Debt 22,800 20,800 17,300 18,400 Stockholders' Equity 51,600 47,900 42,500 35,200 Financial Ratios Acid-Test Ratio 10 100.9 0. 9 Rate of Return on Total Assets 20.2% 15.0% 13.0% 10.1% Rate of Return on Stockholders' Equity 39.1% 27.5% 24.8% 17.7% 0.48 0.31 16,800 21,200 17,000 $ 25,700 63,900 16,800 12,100 35,000 1 .3 9.1% 17.2%