Comparing Two Companies in the Same Industry: Under Armour and Columbia Sportswear

Refer to the statement of cash flows for both Under Armour and Columbia Sportswear for the most recent year and any other pertinent information.

Required:

1. which method, direct or indirect, does each company use in preparing the operating activities section of their statements of cash flows?

Under Armour - direct or indirect

Columbia Sportwear - direct or indirect

2. By what amount did net cash provided by operating activities increase or decrease from the prior year for each company? Enter amounts in thousands.

Under Armour $________ thousands and select one increase or decrease

Columbia Sportwear $_________thousands and select one increase or decrease

3. What amount did each company spend during the most recent year to acquire property and equipment? Enter amounts in thousands.

Under Armour $________thousands

Columbia Sportswear $_________thousands