Compute the accounts receivable turnover

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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?

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The objective of this assignment is to analyse and compare the account receivables turnover ratio and average collection period for M/S Columbia Sportswear and VF Corporation In this assignment, these ratios for the aforesaid companies have been computed for the year ending December 2014. For this assignment, the financial statements of M/S Columbia Sportswear and VF Corporation have been used.

Reference no: EM131404056

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