Comparative Analysis: Under Armour, Inc., vs. Columbia Sportswear
Refer to the 10-K reports of Under Armour, Inc., and Columbia Sportswear that are available for download from the companion website at CengageBrain.com.
Required:
Compute the gross profit and inventory turnover ratios for fiscal year ending December 2016. ( Note: Round answers to two decimal places.) What do these ratios tell you about the success of each company in managing and controlling their inventory?
Introduction:
Inventory is also regarded as the stock of the firm. It is produced by the company with a purchase to sale. The end product of business operations is referred to inventory.
To calculate:
Gross Profit and inventory turnover ratio for both the firms.
Gross Profit Ratio is the ratio of gross profit earned to the net sales of the company.
Gross Profit Ratio =
Particulars | U.A. Inc. | C... |
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