COmpany - Under Armour

Inventory costing:

a. What is the inventory costing method?.

1. Refer to your vertical and horizontal analysis. Is the change in cost of goods sold appropriate for the change in sales and the change in inventory over the years presented? Why or why not? Remember, managements discussion may give some insights.
2. Calculate the following inventory ratios for the latest 2 years presented:
   1. Inventory turnover = COGS/Average inventory
   2. Gross profit % (you may have to calculate the gross profit first)
   3. Number of Days Sales in ending inventory or called Days in Inventory

Again, be sure to show your calculations so I can give you partial

credit. Also, please indicate where you obtained your numbers.

7. Property, plant and equipment

a. What depreciation method(s) is used?

b. Study the changes in PPE over the years presented on the balance sheet along with the investing activities on the cash flow statement. Describe what changes are going on over the years presented. In other words, is the company buying more PPE? or selling off these productive assets?

c. Calculate the following ratios for the most recent 2 years:

i. Fixed asset turnover

ii. % of property, plant, and equipment depreciated

Be sure to show your calculations so I can give you partial credit.

Again, please indicate where you obtained your numbers.

Company - Under Armour

6. Yahoo Finance, etc.) Inventory costing: a. What is the inventory costing method b. Refer to your vertical and horizontal analysis. Is the change in cost of goods sold appropriate for the change in sales and the change in inventory over the years presented? Why or why not? Remember, management's discussion may give some insights. c. Calculate the following inventory ratios for the latest 2 years presented: i. Inventory turnover = COGS/Average inventory ii. Gross profit % (you may have to calculate the gross profit first) iii. Number of Days Sales in ending inventory or called Days in Inventory Again, be sure to show your calculations so I can give you partial credit. Also, please indicate where you obtained your numbers. Property, plant and equipment a. What depreciation method(s) is used? b. Study the changes in PPE over the years presented on the balance sheet along with the investing activities on the cash flow statement Describe what changes are going on over the years presented. In other words, is the company buying more PPE? or selling off these productive assets? C. Calculate the following ratios for the most recent 2 years: Fixed asset turnover ii. % of property, plant, and equipment depreciated Be sure to show your calculations so I can give you partial credit. Again, please indicate where you obtained your numbers. 7. I inbilitian 6. Yahoo Finance, etc.) Inventory costing: a. What is the inventory costing method b. Refer to your vertical and horizontal analysis. Is the change in cost of goods sold appropriate for the change in sales and the change in inventory over the years presented? Why or why not? Remember, management's discussion may give some insights. c. Calculate the following inventory ratios for the latest 2 years presented: i. Inventory turnover = COGS/Average inventory ii. Gross profit % (you may have to calculate the gross profit first) iii. Number of Days Sales in ending inventory or called Days in Inventory Again, be sure to show your calculations so I can give you partial credit. Also, please indicate where you obtained your numbers. Property, plant and equipment a. What depreciation method(s) is used? b. Study the changes in PPE over the years presented on the balance sheet along with the investing activities on the cash flow statement Describe what changes are going on over the years presented. In other words, is the company buying more PPE? or selling off these productive assets? C. Calculate the following ratios for the most recent 2 years: Fixed asset turnover ii. % of property, plant, and equipment depreciated Be sure to show your calculations so I can give you partial credit. Again, please indicate where you obtained your numbers. 7. I inbilitian