custom writing services

Need help: Write an email to our support staff support@myprivatementor.com or


whatsapp us

order order
Average score 4.97 out of 5 based on 836 opinions

Financial analysis

In its annual report, WRS Athletic Supply, Inc. includes the following five-year financial summary.

WRS ATHLETIC SUPPLY, INC.

Five-Year Financial Summary (Partial; adapted)

(Dollar amounts in thousands except per share data) 2018 2017 2016 2015 2014 2013

Net Sales $244,524 $217,799 $191,329 $165,013 $137,634

Net Sales Increase 12% 14% 16% 20% 17%

Domestic Comparative Store Sales Increase 5% 6% 5% 8% 9%

Other Income-Net 2,001 1,873 1,787 1,615 1,391

Cost of Goods Sold 191,838 171,562 150,255 129,664 108,725

Operating, Selling, and General and Administrative Expenses 41,236 36,356 31,679 27,408 22,516

Interest:

Interest Expense (1,063) (1,357) (1,383) (1,045) (803)

Interest Income 138 171 188 204 189

Income Tax Expense 4,487 3,897 3,692 3,338 2,740

Net Income 8,039 6,671 6,295 5,377 4,430

Per Share of Common Stock:

Net Income 1.81 1.49 1.41 1.21 0.99

Dividends 0.30 0.28 0.24 0.20 0.16

Financial Position

Current Assets, Excluding Merchandise Inventory $ 30,483 $ 27,878 $ 26,555 $ 24,356 $ 21,132

Merchandise Inventory at LIFO Cost 24,891 22,614 21,442 19,793 17,076 $16,497

Property, Plant, and Equipment, Net 51,904 45,750 40,934 35,969 25,973

Total Assets 94,685 83,527 78,130 70,349 49,996

Current Liabilities 32,617 27,282 28,949 25,803 16,762

Long-term Debt 22,731 21,143 17,838 18,712 12,122

Shareholders’ Equity 39,337 35,102 31,343 25,834 21,112

Financial Ratios

Acid-test Ratio 0.9 1.0 0.9 0.9 1.3

Rate of Return on Total Assets 10.2% 9.9% 10.3% 10.7% 9.6%

Rate of Return on Shareholders’ Equity 21.6% 20.1% 22.0% 22.9% 22.4%

Requirements

1. Analyze the company’s financial summary for the fiscal years 2014-2018 to decide whether to invest in the common stock of WRS. Include the following sections in your analysis, and fully explain your final decision.

1. Trend analysis for net sales and net income (use 2014 as the base year).

2. Profitability analysis.

3. Evaluation of the ability to sell merchandise inventory (WRS uses the LIFO method).

4. Evaluation of the ability to pay debts.

5. Evaluation of dividends.

 

NEED TO MAKE AN ORDER? HERE IS HOW IT WORKS

order-process

Need an answer from similar question?Click here and get a solution now

order You have just landed to the most confidential, trustful essay writing service to order the paper from. We have a dedicated team of professional writers who will assist you with any kind of assignment that you have. Your work is handled confidentially with a specific writer who ensures you are satisfied. Be assured of quality, unique and price friendly task delivered in good time when you place an order at our website. banner We have a team of dedicated writers with degrees from all spheres of study. We readily accept all types of essays and we assure you of content that will meet your expectations. Our staff can be reached  via live chat, email or by phone at any given time with prompt response.  

Prices starting at:

High school
Undergrad.(yrs 1-2)
Undergrad.(yrs 3-4)
Master’s
Doctoral
$10 / page
$10/ page
$12/ page
$15 / page
$17/ page

Note: The prices in the table above are applicable to orders completed within 14 days. Kindly see the full price table for more prices..

We urge you to provide as much information as possible to avoid many revisions. Set your deadline, choose your level, give payment information and relax while you track your work. We will deliver your paper on time. Are you in a quagmire and you are unable to complete your assignments? Do you doubt yourself on the quality of the essay you have written? Myprivatementor.com  is here to assist you. We will offer you unmatched quality that is plagiarism free. Place an order at myprivatementor.com  for guaranteed  high grades. order download

we offer gifts to our paper help customersPayment Methods

you can request our services and pay via paypal

we offer gifts to our paper help customersOur Guarantees

  1. Zero plagiarism.
  2. 100% confidentiality.
  3. FREE Reference page
  4. High Quality papers
  5. 24/7 Customer support

Our Testimonials Testimonials

I ordered a 7 page college essay and was delivered on time. Thank you guys I will definitely order again!

9.5
, FL

Our statisticsOur Statistics

  • Orders Completed todate 72387

  • Number of writers 500

  • Satisfied customers 99.7%

  • Returning customers 92.3%

  • Orders placed today 87