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

Requirements
Analyze the company’s financial summary for the fiscal years 2020–2024 to decide whether to invest in the common stock of XYZ. Include the following sections in your analysis.
1. Trend analysis for net sales revenue and net income (use 2020 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 XYZ Athletic Supply, Inc.? Fully explain your final decision.

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XYZ ATHLETIC SUPPLY, INC. Five-Year Financial Summary (Partial; adapted) (Dollar amounts in thousands except per share data) Net Sales Revenue Net Sales Revenue Increase Domestic Comparative Store Sales Increase Other Income-Net Cost of Goods Sold Selling and Administrative Expenses Interest: Interest Expense Interest Income Income Tax Expense Net Income Per Share of Common Stock: Net Income Dividends Financial Position Current Assets, Excluding Merchandise Inventory Merchandise Inventory Property, Plant, and Equipment, Net Total Assets Current Liabilities Long-term Debt Stockholders' Equity Financial Ratios Acid-Test Ratio Rate of Return on Total Assets Rate of Return on Common Stockholders' Equity 2024 $ 275,000 24% 6% 2,090 208,725 41,280 (1,070) 140 4,420 21,735 1.10 0.45 32,600 23,000 51,600 2023 2021 2020 2022 $222,000 $199,000 $171,000 $131,000 0.9 22.5% 44.2% 12% 31% 6% 8% 1,780 1,700 169,386 154,822 134,235 36,340 31,670 27,450 (1,370) 155 3,900 12,939 0.80 0.43 16% 5% 1,770 1.0 15.5% 28.7% (1,330) (1,100) 150 230 3,610 3,390 9,488 6,755 0.70 0.39 0.50 0.35 $ 30,900 $ 27,200 $ 26,800 $ 24,400 $21,800 24,700 22,400 21,600 19,300 51,600 46,200 40,500 35,000 107,200 95,800 88,900 78,700 27,800 28,800 25,600 21,200 46,800 0.9 12.8% 24.1% 17% 10% 1,310 103,883 22,540 (800) 140 2,730 2,497 1.0 10.9% 19.4% 0.28 0.31 64,000 17,000 16,800 18,600 12,900 43,300 35,500 34,100 17,000 $16,800 25,200 2019 1.3 9.9% 18.9%