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

Refer to the financial information for Under Armour and Columbia Sportswear for the information needed to answer the following questions.

Under Armour:http://cvg.cengagenow.com/ilrn/books/pnal09h/swf/appb.pdf

Columbia Sportswear:http://cvg.cengagenow.com/ilrn/books/pnal09h/swf/appc.pdf

Required:

Enter all amounts in whole dollars.

1. What is the balance in Cash and cash equivalents on the balance sheet of each company at the end of the most recent year?

Under Armour__________$

Columbia Sportswear__________$

What is the amount of increase or decrease in this balance from the end of the prior year?

Under Armour__________$

Select your answer: Increase/Decrease

Columbia Sportswear__________$

Select your answer: Increase/Decrease

2.On what other statement in each company's annual report does the increase or decrease in Cash and cash equivalents appear?

- Select your answer:

Income Statement

Statement of Retained Earnings

Statement of Cash Flows

It does not appear on any other statement.