Question: M5-15 Computing and Interpreting Financial Ratios [LO 5-6, LO 5-7] Key financial data for Columbia Sportswear and Levi Strauss follow (amounts in millions). Columbia Sportswear

M5-15 Computing and Interpreting Financial Ratios [LO 5-6, LO 5-7]

Key financial data for Columbia Sportswear and Levi Strauss follow (amounts in millions).


Columbia Sportswear Levi Strauss and Co.
Sales $ 1,484 $ 4,326
Net Income 77 149
Total Assets, 2010 1,295 3,135
Total Assets, 2009 1,213 2,989


1-a. Compute the assets turnover ratio. (columbia) Numerator = ? Denominator= ? ratio =? b. compute the assets turnover ration (levi) numerator = ? denominator= ? ratio ?

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