Comparative Analysis Problem: Columbia Sportswear Company vs. Under Armour, Inc. The financial statements for the Columbia Sportswear Company can be found in Appendix A, and Under Armour, Inc's financial can be found in Appendix B at the end of this book.

Columbia Statements are here: http://www.chegg.com/homework-help/questions-and-answers/financial-statements-columbia-sportswear-company-presented-appendix-b-based-information-fi-q20398389

Under Armour Statements are here: https://www.sec.gov/Archives/edgar/data/1336917/000133691715000006/ua-20141231x10k.htm

Required

a. Calculate for each company the following ratios for 2014:

1. Current ratio

2. Debt-to-total-assets ratio

3. Return on sales ratio

b. Comment on the companies' relative profitability , liquidity, and solvency.