Comparative Analysis Problem

Developan 875-word analysis providing conclusions concerning the management of accounts receivable based on the financial statements of Columbia Sportswear Company presented in Appendix B and the financial statements of VF Corporation presented in Appendix C, including the following:

• Based on the information contained in these financial statement, compute the following 2014 values for each company:
  • Accounts receivable turnover (For VF, use "Net sales" and assume all sales were credit sales)
  • Average collection period for accounts receivable
• What conclusions concerning the management of accounts receivable can be drawn from this data?

Name Section Date (a) Chapter 8 Comparative Analysis Problem Columbia Sportswear Company vs. VF Corporation Columbia Sportswear VF Corporation (1) Accounts receivable turnover: (2) Average collection period: (b) 475 475 ative Analysis Problem any vs. VF Corporation 475 475