answer the 3 questions!! make sure you use type it and use word or pdf so that i can download and edit if i have to! please do not waste my time if you cannot do that THANKS

EYK11-2. Comparative Analysis Problem: Columbia Sportswear Company vs Under Armour, Inc. The COLUMBIA SPORTSWEAR COMPANY financial statements for the Columbia Sportswear Company can be found in Appendix A at the end of this book, and the financial statements of Under Armour, Inc. can be found in Appendix (the complete annual report is available on this book's Website). Required Answer the following questions: a. Calculate the return on common b. Calculate the dividend payout ratio for each company for B UNDER ARMOUR INC. stockholders' equity for each company for 2014. c. Based on these ratios, which company pertformed better for its shareholders during 2014? Appendix Financial Statements for Under Armour The complete annual report for Under Armour is available on this book's website. In assets ash and cash equivalents December M Dceer 3. 2 nts receivable, net Prepaid expenses and other s 593,175 s 347 489 9.835 209952 536,714469,006 87,17763,987 52.49838.377 549 399 1,128,811 305,564 223,952 123,256 122.244 26,230 24.097 33,570 31.094 Deferred income taxes Total current assets and equipment, net Goodwill assets, net Deferred income taxes ober long term assets Total assets ties and Stockholders' Equity 57.064 47543 $2,095,083 $1,577,741 Current liabilities Revolving credit facility Accounts payable Accrued expenses Current maturities of long term debt Other current liabilities s 100,000 210,432 165,456 47,681 133,729 28951 34,563 22473 421,627 426,630 255,250 47,951 67,906 49,806 44,783 524,387 Total current liabilities Long term debt, net of current maturities Other long term liabilities Total liabilities Commitments and contingencies (see Note 7) Stockholders' equity Class A Common Stock, $0,0003 1/3 par value: 400,00,000 shares authorized 31, 2014 and 2013; 177,295.988 shares issued and 57 outstanding as of December 31, 2014 and 171,628,708 shares issued and outstanding as of December 31, 2013 Class B Convertible Common Stock, $0.0003 1/3 par value: 36,600,000 40,000,000 shares authorized, issued and outstanding as of December 31 2013. shares authorized, issued and outstanding as of December 31, 2014 and 12 Additional paid-in capital Retained earnings 508,350 397.248 856,687 653,842 (14,808) 2.194 1,350,300 1,053,354 ulated other comprehensive income (loss) $2095.083 $1577,741 Total stockholders' equity Total liabilities and stockholders' equity See accompanying notes Appendix B Finanoial Statements for Under Armour Under Armour, Inc, and Subsidiaries Consolidated Statements of Income In thousands, except per share amounts) Year Ended December 31 $3,084,370 $2,332,051 S1u Net revenues Cost of goods sold 1572.164 1.195.381 955,624 1.512.206 1.136,670 879.29 1.158.251871.572670602 353,955 265,098 208.695 Gross profit Selling, general and administrative expenses 35) (6,410) 342.210 (2.933) (5,183) (73) 260,993 203 4 Income from operations (1.172) Interest e Other expense, net 134.1688.663 7466 14.661 Income before income taxes Provision for income taxes $ 208,042 $ 162,330 $ 128,778 Net income Net income available per common share Basic Diluted s 0.98 S 0.77 0.62 s 0.95 S 0.75 s 0.61 Weighted average common shares outstanding Basic Diluted 213.227 210,696 208,686 219,380 215,958 212.760 as of December 31, 2011 e of stock options consideration of em relative to stock-based withheldi Isuance of Class Cuss B Convertible C Pcensation arrangements .mpensaClass A Common Stock, net of forfeitures Co 06) Class A Common Stock escess tion arrangements ormprehensive incoe kbase compensation expense benefits from stock-based verted 7 Evercise of stock options ax obligations relative to stock-based ce as of December 31, 2012 withheld in consideration of 66922 42.600 14 321.30 31 . 115% employee 1822 1876 compensation arran of Class A Common Stock, net of (47 nts forfeitures B Convertible Common Stock converted (1569) 3323,439- to Class A Common Stock Stock-based compensation expense Net excess tax benefits from stock-based 43,184 compensation arrangements Comprehensive income Balance as of December 31, 2013 Exercise of stock options Shares withheld in consideration of employee tax obligations relative to stock-based compensation arrangements Issuance of Class A Common Stock, net of forfeitures 43.184 17,163 162.1% 171.629 7 400001337248 65342 2194 1053.354 11.259 1,454 11258 (95)197)(1 90812.06712 3,40013400(1) Class B Convertible Common Stock converted to Class A Common Stock Stock-based compensation expense 36.965 -50812S 6965 042 (17,00) 191,040 Net excess tax benefits from stock-based compensation arrangements Comprehensive income (loss) 177,296 59 3680 12 530 588687 $(14808) S.351 nce as of December 31, 2014 MEMO To: Financial Accounting Students From: Non Accounting Professional (COO, CEO) Date: April 3, 2019 Subject: Project #2 Assignment . Columbia Sportswear and Under Armour ate a memo (in proper memo format) that answers the questions EYK11-1 and EYK11-2 from the textbook on page 571. Also, as a group tell me which company (Columbia or Under Armour) the group would invest money and why? You are explaining these answers to a non accounting professional (i.e.-the CEO or COO) A one page memo will be sufficient. Must be typed or printed from a computer The proper memo format is shown here