The financial statements of Columbia Sportswear Company are presented in Appendix B. Financial statements of Under Armour,
Question:
The financial statements of Columbia Sportswear Company are presented in Appendix B. Financial statements of Under Armour, Inc. are presented in Appendix C. Assume Columbia's weighted average common shares outstanding was 69,683,000, and Under Armour's was 416,103,000.
Instructions
a. For each company, calculate the following values for 2020 .
1. Working capital.
3. Debt to assets ratio.
2. Current ratio.
b. Based on your findings above, discuss the relative liquidity and solvency of the two companies.
Data from Appendix b
Data from Appendix C
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Related Book For
Financial Accounting Tools For Business Decision Making
ISBN: 9781119791089
10th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Jill E. Mitchell
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