he purpose of this assignment is to help you understand the basics of financial statement analysis using financial ratios on the assets section of the balance sheet, data interpretation, and how ratios are used to gain insight about the management of receivable.
Resources: Financial Accounting: Tools for Business Decision Making
Develop an 875-word analysis providing conclusions concerning the management of accounts receivable based on the financial statements of Columbia Sportswear Company presented in Appendix B and the financial statements of VF Corporation presented in Appendix C, including the following:
Use the Week 1 Excel® spreadsheet to show your work and submit with your analysis.
|(a)||Columbia Sportswear||VF Corporation|
|(1) Accounts receivable turnover:|
|(2) Average collection period:|
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