The financial statements of Columbia Sportswear Company are presented in Appendix B. Financial statements of VF Corporation

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The financial statements of Columbia Sportswear Company are presented in Appendix B. Financial statements of VF Corporation are presented in Appendix C. Instructions for accessing and using the companies' complete annual reports, including the notes to the financial statements, are also provided in Appendices B and C, respectively.

Instructions

(a) Based on the information in these financial statements and the accompanying notes and schedules, compute the following values for each company in 2014.

(1) Return on assets.

(2) Profit margin (use "Total Revenue").

(3) Asset turnover.

(b) What conclusions concerning the management of plant assets can be drawn from these data?

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Accounting Tools for Business Decision Making

ISBN: 978-1118096895

6th edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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