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. 

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 and the financial statements of VF Corporation 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? 

APA Format