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The financial statements of Columbia Sportswear Company are presented in Appendix B. Click here to view Appendix B. The financial statements of VF Corporation are presented in Appendix C. Click here to view Appendix C. Answer the following questions for each company. (a) Based on the information in these financial statements, compute the 2016 return on common stockholders' equity, debt to assets ratio, and return on assets for each company. (Round answers to 1 decimal places, e.g. 15.2%.) Columbia Sportswear Company VF Corporation Return on common stockholders' equity % % Debt to assets % % Return on assets % % (c) Compute the payout ratio for each company. (Round answers to 1 decimal places, e.g. 15.2%.) Columbia Sportswear Company VF Corporation Payout ratio % % Which pays out a higher percentage of its earnings? pays out a higher percentage of its earnings. The financial statements of Columbia Sportswear Company are presented in Appendix B. Click here to view Appendix B. The financial statements of VF Corporation are presented in Appendix C. Click here to view Appendix C. Answer the following questions for each company. (a) Based on the information in these financial statements, compute the 2016 return on common stockholders' equity, debt to assets ratio, and return on assets for each company. (Round answers to 1 decimal places, e.g. 15.2%.) Columbia Sportswear Company VF Corporation Return on common stockholders' equity % % Debt to assets % % Return on assets % % (c) Compute the payout ratio for each company. (Round answers to 1 decimal places, e.g. 15.2%.) Columbia Sportswear Company VF Corporation Payout ratio % % Which pays out a higher percentage of its earnings? pays out a higher percentage of its earnings

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