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EYK12-1. Financial Reporting Problem: Columbia Sportswear Company The financial statements for the Columbia Sportswear Company can be found in Appendix A at the end of
EYK12-1. Financial Reporting Problem: Columbia Sportswear Company The financial statements for the Columbia Sportswear Company can be found in Appendix A at the end of this book. Required Answer the following questions: a. How much did Columbia Sportswear's cash and cash equivalents decrease in 2014? b. What was the largest source of cash and cash equivalents in 2014? c. What was the single largest use of cash and cash equivalents in 2014? d. How much dividends were paid in 2014? e. Why do depreciation and amortization, both noncash items, appear on Columbia's statement of cash flows? EYK12-1. Financial Reporting Problem: Columbia Sportswear Company The financial statements for the Columbia Sportswear Company can be found in Appendix A at the end of this book. Required Answer the following questions: a. How much did Columbia Sportswear's cash and cash equivalents decrease in 2014? b. What was the largest source of cash and cash equivalents in 2014? c. What was the single largest use of cash and cash equivalents in 2014? d. How much dividends were paid in 2014? e. Why do depreciation and amortization, both noncash items, appear on Columbia's statement of cash flows
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