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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