(b) What conclusions concerning the management of plant assets can be drawn from these data? 1. 2. 3. Return on assets Profit margin Asset turnover Columbia Sportswear Company 12.0% 9.8% 1.22 times Under Armour, Inc. -1.1% -0.9% 1.26 times
(b) What conclusions concerning the management of plant assets can be drawn from these data? 1. 2. 3. Return on assets Profit margin Asset turnover Columbia Sportswear Company 12.0% 9.8% 1.22 times Under Armour, Inc. -1.1% -0.9% 1.26 times
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:The financial statements of Columbia Sportswear Company are presented in Appendix B.
Click here to view Appendix B.
The financial statements of Under Armour, Inc. are presented in Appendix C.
Click here to view Appendix C.
The complete annual report, including the notes to the financial statements, is available at the company's website.
(b)
What conclusions concerning the management of plant assets can be drawn from these data?
1.
2.
3.
Return on assets
Profit margin
Asset turnover
Columbia Sportswear
Company
12.0%
9.8%
1.22 times
Under Armour, Inc.
-1.1%
-0.9%
1.26 times
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