The financial statements of Columbia Sportswear Company are presented in Appendix B. Financial statements of Under Armour, are presented in Appendix C. Click here to view Appendix B. Click here to view Appendix C. (a) Based on the information contained in these financial statements, determine the following values for each company. (Round percentage answers to 1 decimal place, e.g. 52.7\% and other answers to 0 decimal place, eg. 5,275. Enter negative answers using either a negative sign preceding the number e.g. 45% or parentheses e.g. (45)\%.) 1. Profit margin for 2020. 2. Gross profit for 2020. 3. Gross profit rate for 2020 . 4. Operating income for 2020 . 5. Percentage change in Income from operations from 2019 to 2020. Appenalx B Specimen Financial Statements: Columbia Sportswear Company COLUMBIA SPORTSWEAR COMPANY CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share amounts) See accompaming notes to consolidated financial statements COLUMBL SPORTSWEAR COMPANY CONSOLIDATED STATEMENTS OF COMPREIENSIVE INCOME (In thousands) Year Ended Decomber 31. See acconxparying notes to consolidated financial statements See acconpamying notes to consolidated financial statements COLUMBIA SPORTSWEAR COMPANY CONSOLIDATED BALANCE SHEETS (In thousands) COLUMBIA SPORTSWEAR COMPANY CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands) se accompanying notes to consolidated financial statements COLUMBLA SPORTSWEAR COMPANY CONSOLIDATED STATEMENTS OF EQUTTY (In thousands, except per share amounts) Appendix C Specimen Financial Statements: Under Armour, Inc. Under Armour, Inc. and Subsidiaries Consolidated Balance Sheets (In thousands, except share data) \begin{tabular}{|c|c|c|} \hline \multirow{2}{*}{\multicolumn{3}{|c|}{ December 31, 2019}} \\ \hline & & \\ \hline \multicolumn{3}{|l|}{ Current assets } \\ \hline Cash and cash equivalents & 51,517,361 & s 788,072 \\ \hline Accounts receivable, net & 527,340 & 708,714 \\ \hline Imventories & 895,974 & 892,258 \\ \hline Prepaid expenses and other current assets & 282,300 & 313,165 \\ \hline Total current assets & 3,222,975 & 2,702,209 \\ \hline Property and equipment, net & 658,678 & 792,148 \\ \hline Operating lease right-of-use assets & 536,660 & 591,931 \\ \hline Goodwill & 502,214 & 550,178 \\ \hline Intangible assets, net & 13,295 & 36,345 \\ \hline Deferred income taxes & 23,930 & 82,379 \\ \hline Other long-term assets & 72,876 & 88,341 \\ \hline Total assets & 55,030,628 & $4,843,531 \\ \hline \multicolumn{3}{|l|}{ Liabilities and Stockholders' Equity } \\ \hline \multicolumn{3}{|l|}{ Current liabilities } \\ \hline Accounts payahle & $575,954 & $618,194 \\ \hline Accrued expenses & 378,859 & 374,694 \\ \hline Customer refund liahilities & 203,399 & 219,424 \\ \hline Operating lease liahilities & 162,561 & 125,900 \\ \hline Other current liahilities & 92,503 & 83,797 \\ \hline Total current liabilities & 1,413,276 & 1,422,009 \\ \hline Lang term debt & 1,003,556 & 592,687 \\ \hline Operating lease liabilities, non-current & 839,414 & 580,635 \\ \hline Other long-term liabilities & 98,389 & 98,113 \\ \hline Total liabilities & 3,354,635 & 2,693,444 \\ \hline \multicolumn{3}{|l|}{ Commitments and contingencies (see Note 10) } \\ \hline \multicolumn{3}{|l|}{ Stockbolders' equity } \\ \hline Class A Common Stock, $9.00031/3 par value; 400,000,000 shares authorized as of December 31, 2020 and 2019; 188,603,686 shares issued and outstanding as of December 31, 2020 (2019: 183,289,680) & 62 & 62 \\ \hline Class B Corvertible Common Stock, \$0.0003 1/3 par value; 34,450,000 shares authorized, issued and outstanding as of December 31, 2020 and 2019. & 11 & 11 \\ \hline Class C Common Stock, \$0.0003 1/3 par value; 400,000,000 shares authorixed as of December 31, 2020 and 2019; 231,953,667 shares issued and outstanding as of December 31, 2020 (2019: 229,027,730) & 77 & 76 \\ \hline Additional paid-in capital & 1,061,173 & 973,717 \\ \hline Retained earnings & 673,855 & 1,226,986 \\ \hline Accumulated other comprehensive loss & (59,185] & (50,765) \\ \hline Total stockholders' equity & 1,675,993 & 2,150,087 \\ \hline Total liabilities and stockbolders' equity & 55,030,628 & $4,843,531 \\ \hline \end{tabular} See accompanying, notes. See accompanying noter. Under Armour, Inc and Subsidiaries Consolidated Statements of Operations (In thousands, except per share amounts) See accompanying notes. Under Armour, Inc, and Subsidiaries Consolidated Statements of Comprehensive Income (Loss) (In thousinds) Sec accompanying noter. Under Armour, Inc and Subsidiaries Consolidated Statements of Stockholders' Equity (In thousands) See accumparying nobea. Under Armour, Inc. and Subwidiarien Connolidated Statements of Stackholderw' Equity [In thoawandw) Under Armoar, Inc. and Subsidiariem Conwolidated Statement: of Caxh Floww (In thousands)
