Financial statements of VF Corporation are presented in Appendix C. Instructions (a) Based on the information in

Question:

Financial statements of VF Corporation are presented in Appendix C. Instructions

(a) Based on the information in these financial statements, determine the following for each company.

(1) Total liabilities at December 31, 2014.

(2) Net property, plant, and equipment at December 31, 2014.

(3) Net cash provided or (used) in investing activities for 2014.

(4) Net income for 2014.

(b) What conclusions concerning the two companies can you draw from these data?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...