Assignment: Chapter 2 Decision Case 1
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Comparing Two Companies in the Same Industry: Columbia Sportswear and Under ArmourRefer to the financial information for Columbia Sportswear and Under Armour for theinformation needed to answer the following questions.Required:1. Compute each company's working capital at the end of the two most recent years. Also,for each company, compute the change in working capital during the most recent year. Enteramounts in thousands.
2. Compute each company's current ratio at the end of the two most recent years.Compute the percentage change in the ratio during the most recent year. Round youranswers for the current ratio to two decimal places. Convert the percentage change from a