The financial statements of Columbia Sportswear Company are presented in Appendix B. Financial statements of Under Armour, Inc are presented in Appendix C. Instructions a. For each company, calculate the following values for 2018. 1. Working capital. 2. Current ratio. 3. Debt to assets ratio. b. Based on your findings above, discuss the relative liquidity and solvency of the two
Chapter 2, Critical Thinking #2
The financial statements of Columbia Sportswear Company are presented in Appendix B. Financial statements of Under Armour, Inc are presented in Appendix C.
Instructions
a. For each company, calculate the following values for 2018. 1. Working capital. 2. Current ratio. 3. Debt to assets ratio.
b. Based on your findings above, discuss the relative liquidity and solvency of the two companies.
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Answer
(a) (b) Liquidity Under Armour appears to be more liquid since it has $85,227 thousand more wo…View the full answer
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