In its annual report, WRM Athletic Supply, Inc, includes the following fiveyear financial summary:
tableDother amounti ha thounandr exerpe per ihere datalNet sales,$Net sales howave,Dorrabc Comparathe Saore Sale horene,Ceren incimen Net,Cont ol Goods sold,Seling and Adminsovive Eserien,hamentInlevest Epanse,interest hcome,Inowne Tin foperse,Net hectre,Per Share of Commen Skak:Net heorte,DhicknathQFrandal Pouitions $ s s Merthande imentry a wo cout,Pupaty Flank, and Equprent, Net,Total Asets,Curment Liabities,Longrem Det,Shachroider Equty,Finandal RationAcistest Mato,
Requirements
Analyze the company's financial summary for the fiscal years to decide whether to invest in the common stock of WRM Inelude the following sections in your analysis, and fully explain your final decision.
a Trend analysis for net sales and net income use as the base year
b Profitability analysis.
c Evaluation of the ability to sell merchandise inventory WRM uses the LIFO method
d Evaluation of the ability to pay debts.
e Evaluation of dividends.