Principals of accounting II

QUALITYWRITERS.ORG is the ideal place for homework help. If you are looking for affordable, custom-written, high-quality and non-plagiarized papers, your student life just became easier with us. Click the button below to place your order.


Order a Similar Paper Order a Different Paper

Purpose of Assignment

The purpose of this assignment is to help
you understand the basics of financial statement analysis using
financial ratios on the assets section of the balance sheet, data
interpretation, and how ratios are used to gain insight about the
management of receivable.

Assignment Steps

Resources: Financial Accounting: Tools for Business Decision Making

Develop an 875-word
analysis providing conclusions concerning the management of accounts
receivable based on the financial statements of Columbia Sportswear
Company presented in Appendix B and the financial statements of VF
Corporation presented in Appendix C, including the following:

  • Based on the information contained in these financial statement, compute the following 2014 values for each company:
    • Accounts receivable turnover (For VF, use “Net sales” and assume all sales were credit sales)
    • Average collection period for accounts receivable
  • What conclusions concerning the management of accounts receivable can be drawn from this data?

Use the Week 1 Excel® spreadsheet to show your work and submit with your analysis.

NO PLAGIARISM PLEASE!~

Writerbay.net

Got stuck with a writing task? We can help! Use our paper writing service to score better grades and meet your deadlines.

Get 15% discount for your first order


Order a Similar Paper Order a Different Paper
Writerbay.net