PLEASE VIEW ATTACHED PROJECT INSTRUCTIONS

Published financial statements provide information to a diverse group of users, such as stockholders, potential stockholders, creditors, and managers.Financial statement analysis is the process of interpreting and evaluating financial statements by using the data in the statements to compare current period results with previous periods and to investigate relationships within and among the various components of the statements.

This project requires students to obtain a companys annual report, find specific information from the report, and calculate selected ratios for the company.This semester we will study the 2016 annual report of Columbia Sportswear Company.

Please read all of the instructions carefully before beginning the project.

Project overview and brief instructions:

1.Obtain the Fiscal Year 2016 financial statements for Columbia Sportswear.

2.Answer the questions below about the company

ACCOUNTING 209 Spring, 2017 PRACTICE PROBLEM IN FINANCIAL STATEMENT ANALYSIS Published financial statements provide information to a diverse group of users, such as stockholders, potential stockholders, creditors, and managers. Financial statement analysis is the process of interpreting and evaluating financial statements by using the data in the statements to compare current period results with previous periods and to investigate relationships within and among the various components of the statements. This project requires students to obtain a company's annual report, find specific information from the report, and calculate selected ratios for the company. This semester we will study the 2016 annual report of Columbia Sportswear Company. PLEASE READ ALL OF THE INSTRUCTIONS CAREFULLY BEFORE BEGINNING THE PROJECT. Project overview and brief instructions: 1. Obtain the Fiscal Year 2016 financial statements for Columbia Sportswear. 2. Answer the questions below about the company Detailed instructions: 1. Obtain the Fiscal Year 2016 financial statements for Columbia Sportswear. Publicly traded companies are required to make regular financial reports to the Securities and Exchange Commission. The required annual report is known as the 10-K, and the SEC makes these 10K reports available on their website. Many publicly traded companies also post their financial results on the company's web site; it may be included as part of the company's annual report to investors. Columbia's statements can be found on both the SEC website and the company's website. You can obtain Columbia's statements from either site: (a) Using the SEC's website To find the statements on the SEC website, go to www.sec.gov. At the top right of the page, click on \"company filings\"; under company name type in Columbia Sportswear. When the company's filings list appears, click on the 10-K. The statements are found as Item 8 of the 10-K report. (b) Go to the company's own website at www.Columbia.com. At the bottom of the page, click \"Investor relations\". Then click \"financial information\" and you'll see the latest annual report (the 10-K). The entire 10-K is more than 100 pages long! You do not need to print out the entire 10-K or annual report. All of the questions can be answered by reading the statements online. However, for those who prefer to work from a hard copy of the statements, I suggest you print only the four financial statements since the answers to most of the questions can be found there. Finally, a complete copy of the financial statements and notes will be available in the instructor's office and at the 209 help desk. 2. Answer the questions below using information found in the Fiscal Year 2016 statements. COLUMBIA SPORTSWEAR COMPANY - FINANCIAL STATEMENT ANALYSIS QUESTIONS Note: Columbia's financial statements show amounts in thousands, except per share amounts. The questions and answers here and in the project quiz will follow the same format. (In other words, you do NOT need to add 3 zeros to all of your answers.) 1. In what state is Columbia incorporated? Where are the company's principal offices? 2. Based on Item 1 of the 10-K, briefly describe Columbia's business. What are Columbia's four geographic segments? 3. Statements of publically traded companies must be audited, and the audit report, or \"Report of the Independent Registered Public Accounting Firm\