The financial statements for the Columbia Sportswear Company can be found in Appendix A at the end

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The financial statements for the Columbia Sportswear Company can be found in Appendix A at the end of this textbook.

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Answer the following questions using Columbia's Consolidated Financial Statements:

a. How much inventory does Columbia carry on its balance sheet? What percentage of Columbia's total assets does inventory represent in 2017 and 2016 ?

b. Compute the inventory turnover and days' sales in inventory for 2017 and 2016. Calculate inventory turnover using end of year inventory.

c. Is Columbia's inventory management improving?

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Financial Accounting For Undergraduates

ISBN: 9781618533081

4th Edition

Authors: Wallace

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Question Posted: May 16, 2024 12:01 PM

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The financial statements for the Columbia Sportswear Company can be found in Appendix A at the end

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Financial Accounting For Undergraduates

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