Refer to the financial information for Under Armour and Columbia Sportswear reproduced at the back of the book and answer the following questions. 1. What was the net sales (Under Armour uses the term...

Refer to the financial information for Under Armour and Columbia Sportswear reproduced at the back of the book and answer the following questions.

1. What was the net sales (Under Armour uses the term ‘‘net revenues’’) amount for each company for the most recent year? Did each company’s net sales or net revenues increase or decrease from its total amount in the prior year?

2. What was each company’s net income for the most recent year? Did each company’s net income increase or decrease from its net income for the prior year?

3. What was the total asset balance for each company at the end of its most recent year? Among its assets, what was the largest asset each company reported on its year-end balance sheet?

4. Did either company pay its stockholders any dividends during the most recent year? Explain how you can tell.