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

Refer to the financial statement information ofUnder ArmourandColumbia Sportswearand answer the following questions.

Required:

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1. Using the format inExample 13-5, prepare common-size comparative income statements for 2011 and 2010, for Columbia Sportswear. Round all percentages to one decimal place. If an amount is zero, enter "0". Enter all amounts as positive numbers.

Note: Due to rounding totals may not add up to 100%.

Columbia Sportswear
Common-Size Consolidated Statements Of Operations
For The Years Ended December 31, 2011 And December 31, 2010 (In Thousands Of Dollars)
2011 Dollars	2011 Percent	2010 Dollars	2010 Percent
Net sales	$	%	$	%
	$	%	$	%

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

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

Hide Feedback The common-size comparative balance sheets indicate the relative importance of items on the statement. Compare the common-size balance sheets of Columbia Sportswear and Under Armour. What are the most important differences between the two companies' balance sheets? Under Armour has total assets invested in more current assets at the end of the most recent year compared to Columbia Sportswear. Under Armour has percentage in noncurrent liabilities than a lower does Columbia Sportswear. . The common-size comparative balance sheets indicate the relative importance of items on the statement. Compare the common-size balance sheets of Columbia Sportswear and Under Armour. What are the most important differences between the two companies' balance sheets? Under Armour has total assets invested in less current assets at the end of the most recent year compared to Columbia Sportswear. Under Armour has percentage in noncurrent liabilities than about the same does Columbia Sportswear. Hide Feedback Incorrect