Refer to the Columbia Sportswear 's financial statements at the end of the text and answer the

Question:

Refer to the Columbia Sportswear 's at the end of the text and answer the following questions:
1. What are the items listed as long-term liabilities by Columbia Sportswear? How did those liabilities change from 2010 to 2011?
2. Calculate the debt-to-equity ratio and the times interest earned ratio of the company for2010 and 2011. What do those ratios reveal about the company and its ability to meet its obligations on its long-term liabilities?
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...