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 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.