You have just learned that you inherited a large sum of money. You know that it is important to invest this money wisely, and you have decided to invest in the shares of several different companies. One of those companies is the Columbia Sportswear Company.

Required 

Answer the following questions regarding your potential investment in Columbia Sportswear shares:

a. Should you request financial statements from the company, and if so, which ones?

b. Is it important that the financial statements be audited by an independent auditor? Explain.

c. What does each of the four financial statements tell you about Columbia's financial health or operating performance?