Answer: ACC 291 WEEK 1 Comparative Analysis Problem

 

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ACC 291 WEEK 1 Comparative Analysis Problem

ACC 291 WEEK 1 Comparative Analysis Problem

ACC 291 WEEK 1 Comparative Analysis Problem

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 APA formatted Paper analysis.

Click the Assignment Files tab to submit your assignment.

ACC 291 WEEK 1 Comparative Analysis Problem

ACC 291 WEEK 1 Comparative Analysis Problem