The financial statements of Columbia Sportswear Company are presented in Appendix B. Click here to view Appendix B. The financial statements of VF Corporation are presented in Appendix C. Click here to view Appendix C. Answer the following questions for each company. (a) Based on the information in these financial statements, compute the 2016 return on common stockholders equity, debt to assets ratio, and return on assets for each company. (Round answers to 1 decimal places, e.g. 15.2%.)

		Columbia Sportswear Company			VF Corporation
Return on common stockholders equity		enter the return on common stockholders equity ratio in percentages	%		enter the return on common stockholders equity ratio in percentages	%
Debt to assets		enter the debt to assets ratio in percentages	%		enter the debt to assets ratio in percentages	%
Return on assets		enter the return on assets ratio in percentages	%		enter the return on assets ratio in percentages	%

(c) Compute the payout ratio for each company. (Round answers to 1 decimal places, e.g. 15.2%.)

		Columbia Sportswear Company			VF Corporation
Payout ratio		enter the payout ratio in percentages	%		enter the payout ratio in percentages	%

Which pays out a higher percentage of its earnings?

select a company which pays out a higher percentage of its earnings Columbia Sportswear CompanyVF Corporation

pays out a higher percentage of its earnings.