The following information is taken from the Fossil, Inc. 2015 annual report: Calculate Fossils actual and sustainable

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The following information is taken from the Fossil, Inc. 2015 annual report:

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Calculate Fossil’s actual and sustainable rate of growth in sales. How do the two rates of growth compare?
What advice would you give to Fossil’s management on the basis of these rates of growth?

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Financial Accounting For Executives And MBAs

ISBN: 9781618531988

4th Edition

Authors: Wallace, Simko, Ferris

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Question Posted: May 18, 2024 11:10 PM

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The following information is taken from the Fossil, Inc. 2015 annual report: Calculate Fossils actual and sustainable

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(in thousands) Income statement Net sales Net earnings. 2015 2014 2013 $3,228,836 $3,509,691 $3,259,971 220,637 376,707 378,152 Balance sheet Shareholders' equity... 932,543 983,801 1,075,367 Statement of cash flow Dividends to shareholders. 0 0

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Financial Accounting For Executives And MBAs

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