The financial statements of Columbia Sportswear Company are presented in Appendix B. Financial statements of Under Armour, Inc. are presented in Appendix C. The complete annual reports, including the notes to the financial statements, are available at each company’s respective website.
Instructions
a. Based on the information in these financial statements and the accompanying notes and schedules, compute the following values for each company in 2018.
1. Return on assets.
2. Profit margin (use “Total Revenue”).
3. Asset turnover.
b. What conclusions concerning the management of plant assets can be drawn from these data?
