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Running Head: 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 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...