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.

https://phoenix.vitalsource.com/#/books/9781119228…

https://phoenix.vitalsource.com/#/books/9781119228…