User Account

All Pages

What in your opinion is the company outlook for the future

Assignment Help Accounting Basics
Reference no: EM131567694

1. Compute ratios for 2013 and 2014 to determine the following for Under Armour, Inc.:

a. The company's ability to pay its current liabilities. Was 2014 stronger or weaker than 2013?

b. The company's inventory turnover and days inventory outstanding (DIO); accounts receivable turnover and days sales outstanding (DSO), accounts payable turnover and days payable outstanding (DPO), and the number of days in its cash conversion cycle (CCC). 2012 figures for the company are as follows (in thousands): Accounts receivable (net) $175,524; Inventories $319,286; Accounts payable $143,689. Was 2014 stronger or weaker than 2013 based on these measures? (Assume all sales were on account.)

c. The company's rates of return on sales (ROS), average total assets (ROA), and average stockholders' equity (ROE), using DuPont analysis. For computation of averages, use the following amounts for 2012: total assets = $1,157,083; total stockholders' equity = $816,922. Did these ratios get stronger or weaker in 2014 compared to 2013?

2. Find Under Armour, Inc.'s, annual report for 2015 at https://www.sec.gov. Also perform research using an Internet site such as MSN Money or Yahoo! Finance to update the information from question 1.

3. What in your opinion is the company's outlook for the future? Would you buy the company's stock as an investment? Why or why not?

Reference no: EM131567694

Questions Cloud

Authority on the law : WHY? Because you are not an authority on the Law and you are not the Source of the Law, therefore you have to refer to resources.
Find a counter example to the given statement : Without using Venn diagrams, prove that A ? (B n C) = (A?B) (A U C).
What are the purposes of accounting codes : What are the purposes of accounting codes? How are they used? Discuss some examples of codes used by manufacturing firms
What are the basic differences from the employers viewpoint : What are the basic differences, from the employer's viewpoint, in operating in a union-free environment vs. a unionized environment?
What in your opinion is the company outlook for the future : What in your opinion is the company's outlook for the future? Would you buy the company's stock as an investment? Why or why not
What functions can support groups serve : What functions can support groups serve for older people and their families
What you learned from the given information : What you learned from this information and how it relates to this unit's topic. Be sure to identify which key term or phrase from unit relates to your response.
What is your pet peeve when reading an email in general : What is your pet peeve when reading an email in general? Which advice in the video do you think is the strongest for business and why?
What was the gain or loss on the sale of the equipment : Lawler Clothing sold manufacturing equipment for $29,000. What was the gain or loss on the sale of the equipment

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine the end-of-year balances for unrestricted net

The University of Danville is a private not-for-profit university that starts the current year with $700,000 in net assets: $400,000 unrestricted, $200,000 temporarily restricted, and $100,000 permanently restricted.

  Berne inc uses a flexible budget for manufacturing overhead

berne inc. uses a flexible budget for manufacturing overhead based on machine hours. variable manufacturing overhead

  In this era of rapidly changing technology research and

in this era of rapidly changing technology research and development rampd expenditures represent one of the most

  What products they sell where they are located and so forth

A CompletedWorksheetProfiles tab which contains a one-paragraph description regarding each company with information about their history, what products they sell, where they are located,and so forth.

  What was the amount of best buy

For the year ended February 28, 2009, Best Buy reported revenue of $45,015 million. Its gross profit was $10,998 million. What was the amount of Best Buy's cost of merchandise sold?

  What is the net operating working capital

Define each of the following terms: Inventory conversion period; receivables collection period; payables deferral period; cash conversion cycle.

  Gazzs days sales outstanding accounts receivableavg

gazz electronics manufactures audio equipment selling itthrough various distributors.gazzs days sales outstanding

  What is the purpose of conducting tax research

There are 3 general views regarding interperiod income tax allocation: no allocation, partial allocation, and comprehensive allocation. Defend the position of an allocation of your choice (no allocation, partial or comprehensive allocation).

  Critically analyze the case

Read the case study provided in the text and critically analyze the case. Identify the issues i the case and give adequate suggestions to mitigate these issues.

  Discuss why it is appropriate for happlia to use this method

What general criteria should Happlia use to determine inventory carrying amounts at December 31, 2011?

  For 20x2 the selling price per lamp will be 4500 what is

big al is about to begin work on the budget for 20x2 and they have requested that you prepare an analysis based on the

  Seville company manufactures a product with a unit variable

seville company manufactures a product with a unit variable cost of 42 and a unit sales price of 75. fixed

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd