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Unformatted text preview:CengageNOWl Assignment! Print Page 1 of 2 Assignment: Chapter 1 Decision Case 3 Comparing Two Companies in the Same Industry: Under Armour and Columbia Sportswear Refer to the financial information for Under Armour and Columbia Sportswear and answer the following questions. Enter your answers in thousands. Enter all amounts in thousands as shown in Armour's financial statements. 1. What was the net sales (Under Armour uses the term "net revenues") amount for each company for the most recent year? Company Net Sales Under Armour $ Z '7 74 6 a if Columbia Sportswear $ Z 04 a, 435' Did each company's net sales or net revenues increase or decrease from its total amount in the prior year? Company Net Sales Under Armour Inarwse Columbia Sportswear .an'r Case 2. What was each company's net income for the most recent year? Company Net Income Under Armour $ 30, 4 [q Columbia Sportswear $ [0 3, 9'70, Did each company's net income increase or decrease from its net income for the prior year? Company Net Income Under Armour .1 bar €« a 5'0 f' Columbia Sportswear «wakehse 3. What was the total asset balance for each company at the end of its most recent year? Company Total Assets Under Armour $ i, i , a? 0 Columbia Sportswear 35 l, 379, 5/42 Among its assets, what was the largest asset each company reported on its year-end balance sheet? http ://cvg.cengagenow.com/ilrn/takeAssignment/printUntakenAssignment.do?assignment1 8/29/2016 CengageNOW I Assignment I Print Page 2 of 2 Company Largest Asset Under Armour J'VU/Mi 0" (4.5 352 q] (/06 / Columbia Sportswear E@l/ét/Vl'l'fl'ts) ﬁt?" 3 6 7/ [ﬁg 4. Did either company pay its stockholders any dividends during the most recent year? Company Pay Dividend Under Armour It 0 Columbia Sportswear 36 S http ://cvg. cengagenow.com/ilrn/takeAssignment/printUntakenAssignment.do ?assignment1 8/2 9/20 1 6 ———"——_'——'-—————.