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

Question:

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

Instructions

(a) Based on the information in the financial statements, determine each of the following for each company:

(1) The percentage increase

(i) In net sales and

(ii) In net income from 2013 to 2014.

(2) The percentage increase

(i) In total assets and

(ii) In total stockholders' equity from 2013 to 2014.

(3) The basic earnings per share for 2014.

(b) What conclusions concerning the two companies 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...