Accounting for managers MBA courses

Q10.pdf

11/21/2020 Expand Your Critical Thinking 5-2

https://edugen.wileyplus.com/edugen/shared/assignment/test/qprint.uni 1/1

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Print by: SHADI SHADMAN Acct 621 Fall 2020 S21 / Assignment 1 for Acct621 Fall 2020

Expand Your Critical Thinking 5-2 The financial statements of Columbia Sportswear Company are presented in Appendix B.

Click here to view Appendix B.

The financial statements of VF Corporation are presented in Appendix C.

Click here to view Appendix C.

Answer the following questions for each company.

What is the balance in cash and cash equivalents at December 31, 2014? (Enter the amounts in thousands.)

Cash and cash equivalents

Columbia Sportswear $

VF Corporation $

What percentage of total assets does cash represent for each company over the last 2 years? (Round answers to 1 decimal place, e.g. 15.2%.)

Cash as percentage of total assets

2014 2013

Columbia Sportswear % %

VF Corporation % %

Has it changed significantly for either company?

Cash as a percentage of total assets by % for Columbia Sportswear and by % for VF Corporation.

How much cash was provided by operating activities during 2014? (Enter the amounts in thousands.)

Cash was provided by operating activities

Columbia Sportswear $

VF Corporation $