Business Finance
Accounting Class , accounting homework help

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

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:

  • 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.


Final Answer

Hi Thanks again for your order! Your delivery is enclosed. If there are any problems, please let me know. I'll get back to you as soon as I can. Thanks again and have a great day! :)


Running Head: Financial Accounting

Financial Accounting
Student Name:
Due Date:
Faculty Name:

Financial Accounting

The paper analyzes the financial statement of “VF Corporation & Columbia Sportswear”
by analyzing financial ratios of both companies. This paper will focus on the administration
methodologies of the accounts receivable rather the administration of credit sales and credit
techniques taking after the financial statement and the exposure notes to the financial statement.
VF Corporation
VF Corporation was built up in 1899 in Pennsylvania as the Reading Glove fabricating
by one John Barbey and with the contribution of other stakeholders. The company named
changed to Schuylkill silk producing after it extended to silk business. At times the company
again changed its name to Vanity Fair Silk Mills, Inc. the organization named was changed to
VF Company taking after the reality the it had a several lines of business and items. The
organization is one of the main enterprises in the outside footwear industry offering a number of
items inside the outdoor wear. The organization has additionally been very forceful in obtaining
different business since its foundat...

Xaib (3916)
University of Maryland

The tutor managed to follow the requirements for my assignment and helped me understand the concepts on it.

The tutor was knowledgeable, will be using the service again.

Awesome quality of the tutor. They were helpful and accommodating given my needs.

Similar Questions
Related Tags

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors