Finance Company Comparison

In: Business and Management

Submitted By hccheer04
Words 5303
Pages 22
Columbia, Dick’s, and Sportswear Financial Analysis

Lynnette Villarreal

Webster University
Abstract
This paper will address a financial comparison analysis for three like sportswear companies—Columbia Sportswear Company, Dick’s Sporting Goods and Big 5 Sporting Goods, Corporation. The analysis is conducted by leveraging three kinds of financial statistics used to spot issues in companies’ financial information—common size analysis and ratio analysis. The following is a synopsis of the three companies and their financial comparison. It will provide financial data that managers use to keep alert of anything that should be reporting to there top director of the company.

Executive Summary
The FINC 5880 course is charged to do a financial comparison of three for profit organizations that are publicly traded. Yahoo Finance will be used to retrieve the latest financial for the three companies. This study will compare and contrast the companies by providing background information.
Financial statements provide businesses with the basic tools for determining how well their operations perform at all times. Many entrepreneurs do not appreciate that financial statements have a value that goes further than their use as supporting documents to loan applications and tax returns (Gitman, 2006). These statements are concise reports designed to summarize financial activities for specific periods. Owners and managers can use financial statement analysis to assess the past and current financial condition of their business, detect any existing financial problems, and forecast future trends in the company's financial position (Hanson, Heitger, Jones, Mowen, & Rich, 2010). Evaluating three like sporting goods companies by using their financial statements to evaluate their ability to meet current obligations, gage future growth, measure leverage, support long term…...

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