Comparing Two Companies in the Same Industry: Under Armour & Columbia Sportswear

Question

Comparing Two Companies in the Same Industry: Under Armour & Columbia Sportswear

Refer to the financial information for Under Armour & Columbia Sportswear & answer the following questions. Enter your answers in thousands. Enter all amounts in thousands as shown in Armour's financial statements.

Under Armour: http://cvg.cengagenow.com/ilrn/books/pnal09h/swf/appb.pdf

Columbia Sportswear: http://cvg.cengagenow.com/ilrn/books/pnal09h/swf/appc.pdf

1. What was the net sales (Under Armour uses the term "net revenues") amount for each company for the most recent year?

Under Armour: $ _____

Columbia Sportswear: $ _____

Did each company's net sales or net revenues increase or decrease from its total amount in the prior year?

Under Armour: increase or decrease

Columbia Sportswear: increase or decrease

2. What was each company's net income for the most recent year?

Under Armour: $ _____

Columbia Sportswear: $ _____

Did each company's net income increase or decrease from its net income for the prior year?

Under Armour: increase or decrease

Columbia Sportswear: increase or decrease

3. What was the total asset balance for each company at the end of its most recent year?

Under Armour: $ _____

Columbia Sportswear: $ _____

Among its assets, what was the largest asset each company reported on its year-end balance sheet?

Under Armour: A) Cash, B) Goodwill, C) Inventories, D) Other Assets or E) Property

Columbia Sportswear: A) Cash, B) Goodwill, C) Inventories, D) Other Assets or E) Property

4. Did either company pay its stockholders any dividends during the most recent year?

Under Armour: yes or no

Columbia Sportswear: yes or no

Explanation / Answer

1. Net Sales for the most recent year ( 2011):

Under Armour - $14,72,684 ; Columbia Sportswear - $16,93,985

Net sales or net revenues increase or decrease from its total amount in the prior year :

Under Armour - Increase ; Columbia Sportswear - Increase

2. Net income for the most recent year (2011):

Under Armour - $96,919 ; Columbia Sportswear - $1,03,479

Did each company's net income increase or decrease from its net income for the prior year:

Under Armour - Increase ; Columbia Sportswear - Increase

3. Total asset balance for each company at the end of its most recent year (2011):

Under Armour - $9,19,210 ; Columbia Sportswear - $13,82,542

The largest asset each company reported on its year-end balance sheet:

Under Armour - Inventories ; Columbia Sportswear - Inventories

4. Payment of any dividends to its stockholders during the most recent year (2011):

Under Armour - No ; Columbia Sportswear - Yes

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