The financial statements of Columbia Sportswear Company are presented in Appendix B Financial statements of VF Corporation are presented in Appendix C Instructions Answer the following questions for each company (a) What is the balance in cash and cash equivalents at December 31, 2014 (b) What perc...

In thousands Columbia Sportswear VF Corporation a Cashcash equivalents balance 413558 971895 b Cash ...

The financial statements of Columbia Sportswear Company are presented in Appendix B. Financial statements of VF Corporation

Question:

The of Columbia Sportswear Company are presented in Appendix B. of VF are presented in Appendix C.
Instructions
Answer the following questions for each company.
(a) What is the balance in cash and cash equivalents at December 31, 2014?
(b) What percentage of total assets does cash represent for each company over the last 2 years? Has it changed significantly for either company?
(c) How much cash was provided by operating activities during 2014?
(d) Comment on your findings in parts (a) through (c).
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial... Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...