Crocs and Deckers Outdoor: Comparing footwear manufacturers (LO 6-1) Crocs designs, develops, and manufactures consumer products from specialty resins. The company's primary product line is Crocs-branded footwear for men, women, and children. It sells its products through traditional retail channels, including specialty footwear stores. Deckers Outdoor designs and produces sport sandals as well as sheepskin and sustainable footwear. The company's products are marketed under three proprietary brands: Teva, Simple, and UGG. It sells its products through domestic retailers and global distributors and directly to consumers via the internet. Financial ratios for each company follow. EBI denotes after-tax earnings before interest expense and excluding nonoperating gains or losses. EBI is adjusted to eliminate the one-time effect on net income of the Tax Cuts and Jobs Act in 2017. Selected Financial Ratios Fiscal years end March 31 of the subsequent calendar year. Source: Computed from amounts in the Crocs and Deckers Outdoor Form 10-Ks for fiscal years 2014-2017. Required: 1. Which company was the more profitable in 2017 ? 2. What was the likely source of that company's superior profit performance in 2017? 3. Which company was the more profitable in 2015 ? 4. Compare the companies' receivable and inventory management. 5. Are there any questions raised by the information presented that suggest looking deeper into the numbers