The financial statements of Columbia Sportswear Company are presented in Appendix B. Financial statements of Under Armour,

Question:

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. Based on the information in the financial statements, determine each of the following for each company:

1. The percentage increase (i) in net sales and (ii) in net income from 2017 to 2018.

2. The percentage increase (i) in total assets and (ii) in total stockholders’ equity from 2017 to 2018.

3. The basic earnings per share for 2018.

b. What conclusions concerning the two companies can be drawn from these data?

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Related Book For  book-img-for-question

Survey Of Accounting

ISBN: 9781119594536

2nd Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt

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