Comparative Analysis Problem: Columbia Sportswear Company vs. VF Corporation CT5.2 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 "Not 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? to006.gif