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

Question:

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

Instructions

a. Based on the information contained in these financial statements, determine the following values for each company.

1. Profit margin for 2016. (For VF, use “Net Sales.”)

2. Gross profit for 2016. 3. Gross profit rate for 2016.

4. Operating income for 2016.

5. Percentage change in operating Income from 2015 to 2016. (For Columbia, use Income from operations.)

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

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...

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