Obtain the Fiscal Year 2022 financial statements for Columbia Sportswear Company.

Companies use ratios to express relationships between items on the Financial Statements; these ratios can identify or highlight important financial results. For the next questions, you are asked to compute various ratios for Columbia Sportswear Company. Some of these ratios have already been discussed in class; others will be new to you. Formulas are provided to help you with these calculations.

Note that whenever a formula asks for an average amount (such as average assets), add the beginning of the year amount (which is the same as the ending amount last year) and the end of the year amount, then divide the total by 2.

Calculate the following ratios for Columbia Sportswear Company for FY 2022:

36. inventory turnover cost of goods sold average inventory

37. asset turnover net sales revenue Average total assets

38. return on common net income (loss) preferred dividends (see note below) equity average common stockholders equity

39. debt to equity ratio total liabilities total stockholders equity

0.5763835831281199 40. gross profit percentage gross profit Net sales revenue