Comparative Analysis

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timer Asked: Mar 28th, 2017
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Question Description

Purpose of Assignment

The 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.

Assignment Steps

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:

  • Based on the information contained in these financial statement, compute the following 2014 values for each company:
    • Accounts receivable turnover (For VF, use "Net sales" and assume all sales were credit sales)
    • Average collection period for accounts receivable
  • What conclusions concerning the management of accounts receivable can be drawn from this data?

Use the Week 1 Excel® spreadsheet to show your work and submit with your analysis.


http://c.eqcdn.com/_0495bad81485a34e4ba852247b5758...

http://viewer.zmags.com/publication/b4abdcae#/b4ab...

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Comparative Analysis Problem Grading Guide ACC/291 Version 6 Principles of Accounting II Copyright Copyright © 2017, 2016, 2015, 2013 by University of Phoenix. All rights reserved. University of Phoenix® is a registered trademark of Apollo Group, Inc. in the United States and/or other countries. Microsoft®, Windows®, and Windows NT® are registered trademarks of Microsoft Corporation in the United States and/or other countries. All other company and product names are trademarks or registered trademarks of their respective companies. Use of these marks is not intended to imply endorsement, sponsorship, or affiliation. Edited in accordance with University of Phoenix® editorial standards and practices. Comparative Analysis Problem Grading Guide ACC/291 Version 6 Individual Assignment: Comparative Analysis Problem Purpose of Assignment The 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 Required Financial Accounting: Tools for Business Decision Making Grading Guide Content Met Partially Met Not Met Total Available Total Earned 5 #/5 Partially Met Not Met Comments: Developed an analysis based on the financial statements of Columbia Sportswear Company presented in Appendix B and the financial statements of VF Corporation presented in Appendix C. Included the following based on the 2014 values for each company: • Accounts receivable turnover (For VF, use “Net sales” and assume all sales were credit sales) • Average collection period for accounts receivable. Included conclusions concerning the management of accounts receivable drawn from the data. Analysis was 875 words in length. Writing Guidelines The paper—including tables and graphs, headings, title page, and reference page—is consistent with APA formatting guidelines and meets course-level requirements. Intellectual property is recognized with in-text citations and a reference page. Met Comments: 2 Comparative Analysis Problem Grading Guide ACC/291 Version 6 Writing Guidelines Met Partially Met Not Met Total Available Total Earned 3 #/3 8 #/8 Paragraph and sentence transitions are present, logical, and maintain the flow throughout the paper. Sentences are complete, clear, and concise. Rules of grammar and usage are followed including spelling and punctuation. Assignment Total Additional comments: # Comments: 3 Name Section Date (a) Chapter 8 Comparative Analysis Problem Columbia Sportswear Company vs. VF Corporation Columbia Sportswear VF Corporation (1) Accounts receivable turnover: (2) Average collection period: (b) 475 ...
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Tutor Answer

Exellent_K
School: University of Maryland

Attached.

Name
Section
Date

(a)

Columbia Sportswear

(1) Accounts receivable turnover:

Accounts .Receivables
Net sales

2014
344,390
2,100,590

Ave...

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Review

Anonymous
Thanks, good work

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