There are 2 parts to this assignment ÿ1) is the worksheet that needs to be filled out ( which I have uploaded for you ) and 2) isÿÿ875-word analysis to be done on a separate word document. You will also need ÿmy log info to have access to the Financial Accounting Appendix C and B which I will provide for youÿThe 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.ÿAssignment StepsÿResources:ÿFinancial Accounting: Tools for Business Decision MakingÿDevelopÿan 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:ÿBased 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 receivableWhat conclusions concerning the management of accounts receivable can be drawn from this data?

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