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Assignment: Chapter 1 Decision Case 3Assignment Score: 100.00%SaveExitSubmit Assignment for GradingComparing Two Companies in the Same Industry: Under Armour and Columbia SportswearRefer to the financial information for Under Armour and Columbia Sportswear and answerthe following questions. Enter your answers in thousands. Enter all amounts in thousands asshown in Armour's financial statements.1. What was the net sales (Under Armour uses the term "net revenues") amount for eachcompany for the most recent year?Did each company's net sales or net revenues increase or decrease from its total amount inthe prior year?2. What was each company's net income for the most recent year?Did each company's net income increase or decrease from its net income for the prior year?