Question
Using Columbia Sportswears 2020 Financial Statements, calculate the following (show your work). Note: Use Net income attributable to Columbia Sportswear Company when Net Income is
Using Columbia Sportswears 2020 Financial Statements, calculate the following (show your work). Note: Use Net income attributable to Columbia Sportswear Company when Net Income is used in the ratio and Total Equity (after the controlling interest) when Total Shareholders Equity is used. For all averages take the sum of the beginning and ending numbers and divide by 2.
1) ROI for 2020.
2) ROE for 2020.
3) Working capital at the end of fiscal year 2020.
4) In addition to working capital, another measure of liquidity is the Current Ratio = Current Assets/Current Liabilities. Calculate this ratio at the end of fiscal year 2020.
5) Based on the rules of thumb given in the chapter, comment on whether each of these amounts appears favorable or unfavorable.
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