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$14.$ On the balance sheet, Columbia Sportswear Company lists Goodwill. A company reports Goodwill on its balance sheet only when it purchases an existing business, paying more than the net fair value of the assets. What was Columbia Sportswear Company$$s Goodwill balance at the end of $2022?$

$$242,504$

What Intangible Assets does Columbia Sportswear Company have? $($see note $6)$

trademarks, patents, customer relationships, and software.

$15.$ Liabilities: On the balance sheet, at the end of $2022,$ what amount does Columbia Sportswear Company report for

$($a$)$ current liabilities?

$$448,160.$

$($b$)$ total liabilities?

$$1,373,831.$

$($c$)$ Current liabilities make up what percentage of total liabilities?

$32\mathrm{.}64\%$

$16.$ What is the largest liability shown on the balance sheet?

Total liabilities $$1,115,757$

$17.$ Columbia Sportswear Company has Preferred Stock & Common Stock. What is the par value of the Company$$s Common Stock?

$18.$ As of December $31,2022,$ how many shares of common stock are $($see Consolidated Statements of Equity$)$:

Preferred

Common

Combined

$($a$)$ authorized?

$($b$)$ issued?

$($c$)$ outstanding?

$($d$)$ held in the treasury?

$19.$ What is the company$$s total stockholders$$ equity?

$20.$ What specific name does Columbia Sportswear Company use for its income statement?

$21.$ How much Net Sales did Columbia Sportswear Company report for $2022?$ Did this amount increase or decrease from the $2021$ amount?

$22.$ According to the Footnotes, when does Columbia Sportswear Company recognize sales revenue?

$23.$ What is Columbia Sportswear Company$$s largest expense reported on the income statement?

$24.$ On its income statement, Columbia Sportswear Company reports Income tax expense of $85,970.$ However, companies often actually pay a different amount for taxes than is reported. Sometimes there are differences between accounting income determined using GAAP and taxable income, which is determined using tax rules. Sometimes there are differences in the timing of recognition of revenues and expenses. Either of these can lead to a company$$s reporting one amount as tax expense and actually paying a different amount.

Using information provided at the bottom of the Statement of Cash Flows, how much did Columbia Sportswear Company actually pay $($in cash$)$ for income taxes in $2022?$

$25.$ On the income statement, companies report their net income, and also provide information about net income on a per share basis. In the current year, what was Columbia Sportswear Company$$s basic earnings $($loss$)$ per common share? Did this amount increase or decrease from the previous year? By how much?

In the current year, what was Columbia Sportswear Company$$s diluted earnings per common share? Did this amount increase or decrease from last year? By how much?

$26.$ Did Columbia Sportswear Company pay cash dividends during FY $2022?$ If so$,$ how much in total?

$27.$ The Statement of Cash Flows shows increases and decreases in cash in three categories:

Operating, Investing, and Financing activities. For Columbia Sportswear Company in $2022,$ which category$($ies$)$ reported increases?

$28.$ The Statement of Cash Flows shows increases and decreases in cash in three categories:

Operating, Investing, and Financing activities. For Columbia Sportswear Company in

$2022,$ which category$($ies$)$ reported decreases?

$29.$ On the Statement of Cash Flows, which investing activity caused the largest increase in cash DURING $2022?$ The largest decrease?

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