Expert answer:ACC291 University of Phoenix VF Corporation Compar

Expert answer: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 receivableWhat 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.
acc291_r6_wk1_comparative_analysis_problem.xlsx

university_of_phoenix__financial_accounting__tools_for_business_decision_making.pdf

Unformatted Attachment Preview

Name
Section
Date
(a)
Chapter 8 Comparative Analysis Problem
Columbia Sportswear Company vs. VF Corporation
Columbia Sportswear
VF Corporation
(1) Accounts receivable turnover:
(2) Average collection period:
(b)
475
12/3/2017
University of Phoenix: Financial Accounting: Tools for Business Decision Making
PRINTED BY: jcholden07@email.phoenix.edu. Printing is for personal, private use only. No part of this book may
be reproduced or transmitted without publisher’s prior permission. Violators will be prosecuted.
Columbia Sportswear Company is a leader in outdoor sportswear. The following are Columbia’s
financial statements as presented in its 2014 annual report. To access Columbia’s complete
annual report, including notes to the financial statements, follow these steps:
1. Go to www.columbia.com.
2. Select Financial Information and then Annual Reports under the Investor Relations tab near
the bottom of the page.
3. Select the 2014 Annual Report.
4. The Notes to Consolidated Financial Statements begin on page 50.
https://phoenix.vitalsource.com/#/books/9781119228301/cfi/6/50!/4/4/14/2@0:5.95
1/12
12/3/2017
University of Phoenix: Financial Accounting: Tools for Business Decision Making
https://phoenix.vitalsource.com/#/books/9781119228301/cfi/6/50!/4/4/14/2@0:5.95
2/12
12/3/2017
University of Phoenix: Financial Accounting: Tools for Business Decision Making
PRINTED BY: jcholden07@email.phoenix.edu. Printing is for personal, private use only. No part of this book may
be reproduced or transmitted without publisher’s prior permission. Violators will be prosecuted.
https://phoenix.vitalsource.com/#/books/9781119228301/cfi/6/50!/4/4/14/2@0:5.95
3/12
12/3/2017
University of Phoenix: Financial Accounting: Tools for Business Decision Making
PRINTED BY: jcholden07@email.phoenix.edu. Printing is for personal, private use only. No part of this book may
be reproduced or transmitted without publisher’s prior permission. Violators will be prosecuted.
https://phoenix.vitalsource.com/#/books/9781119228301/cfi/6/50!/4/4/14/2@0:5.95
4/12
12/3/2017
University of Phoenix: Financial Accounting: Tools for Business Decision Making
https://phoenix.vitalsource.com/#/books/9781119228301/cfi/6/50!/4/4/14/2@0:5.95
5/12
12/3/2017
University of Phoenix: Financial Accounting: Tools for Business Decision Making
https://phoenix.vitalsource.com/#/books/9781119228301/cfi/6/50!/4/4/14/2@0:5.95
6/12
12/3/2017
University of Phoenix: Financial Accounting: Tools for Business Decision Making
PRINTED BY: jcholden07@email.phoenix.edu. Printing is for personal, private use only. No part of this book may
be reproduced or transmitted without publisher’s prior permission. Violators will be prosecuted.
C
Specimen Financial Statements: VF Corporation
https://phoenix.vitalsource.com/#/books/9781119228301/cfi/6/50!/4/4/14/2@0:5.95
7/12
12/3/2017
University of Phoenix: Financial Accounting: Tools for Business Decision Making
PRINTED BY: jcholden07@email.phoenix.edu. Printing is for personal, private use only. No part of this book may
be reproduced or transmitted without publisher’s prior permission. Violators will be prosecuted.
VF Corporation is a leader in outdoor sportswear. The following are VF’s financial statements
as presented in its 2014 annual report. To access VF’s complete annual report, including notes to
the financial statements, follow these steps:
1. Go to www.vfc.com.
2. Select the Investor Relations link and then select Financial Reports.
3. Select the 2014 Annual Report on Form 10‐K.
4. The Notes to Consolidated Financial Statements begin on page F‐10.
https://phoenix.vitalsource.com/#/books/9781119228301/cfi/6/50!/4/4/14/2@0:5.95
8/12
12/3/2017
University of Phoenix: Financial Accounting: Tools for Business Decision Making
PRINTED BY: jcholden07@email.phoenix.edu. Printing is for personal, private use only. No part of this book may
be reproduced or transmitted without publisher’s prior permission. Violators will be prosecuted.
https://phoenix.vitalsource.com/#/books/9781119228301/cfi/6/50!/4/4/14/2@0:5.95
9/12
12/3/2017
University of Phoenix: Financial Accounting: Tools for Business Decision Making
PRINTED BY: jcholden07@email.phoenix.edu. Printing is for personal, private use only. No part of this book may
be reproduced or transmitted without publisher’s prior permission. Violators will be prosecuted.
https://phoenix.vitalsource.com/#/books/9781119228301/cfi/6/50!/4/4/14/2@0:5.95
10/12
12/3/2017
University of Phoenix: Financial Accounting: Tools for Business Decision Making
PRINTED BY: jcholden07@email.phoenix.edu. Printing is for personal, private use only. No part of this book may
be reproduced or transmitted without publisher’s prior permission. Violators will be prosecuted.
https://phoenix.vitalsource.com/#/books/9781119228301/cfi/6/50!/4/4/14/2@0:5.95
11/12
12/3/2017
University of Phoenix: Financial Accounting: Tools for Business Decision Making
https://phoenix.vitalsource.com/#/books/9781119228301/cfi/6/50!/4/4/14/2@0:5.95
12/12
…
Purchase answer to see full
attachment

How it works

1. Paste your instructions in the instructions box. You can also attach an instructions file
2. Select the writer category, deadline, education level and review the instructions 
3. Make a payment for the order to be assignment to a writer
4.  Download the paper after the writer uploads it 

Will the writer plagiarize my essay?

You will get a plagiarism-free paper and you can get an originality report upon request.

Is this service safe?

All the personal information is confidential and we have 100% safe payment methods. We also guarantee good grades