Financial Analysis (choose 8-2 from each category: profitability - gross profit margin, operating profit margin, net profit margin, ROA (net return on total assets), ROE (return on shareholder's equity); liquidity-current ratio, working capital; leverage- total debt to assets, debt to equity, long-term debt to equity, times interest earned; activity - days of inventory, inventory turnover, average collection period) Describe/calculate/discuss last three years. Show all of your work. What is the takeaway for each plus the company as a whole? 123456789 10 e Order EXHIBIT 1 Selected Financial Data for Under Armour, Inc., 2016-2019 (in millions) 2017 Selected Income Statement Data Net revenues Cost of goods sold Gross profit Selling, general and administrative expenses Restructuring and impairment charges Income from operations Interest expense, net Other expense, net Income (loss) before income taxes Income tax expense (benefit) Income (loss) from equity method investment Net income (loss) Selected Balance Sheet Data 2019 $5,267.1 2,796.6 2,470.5 2,233.8 - 236.8 (21.2) (5.7) 209.8 70.0 (47.7) 92,1 $788.1 1,280.2 892.3 4,843.5 592.7 2,150.1 Cash and cash equivalents Working capital* Inventories at year-end Total assets Long-term debt, including current maturities Total stockholders' equity Selected Cash Flow Data Net cash provided by operating activities $ 509.0 "Working capital is defined as current assets minus current liabilities. 2018 $5,193.2 2,852.7 2,340.5 2,182.3 183.1 (25.0) (33.6) (9.2) 67.8 (46.3) $ 557.4 1,277.7 1,019.5 4,245.0 728.8 2,016.9. $628.2 $4,989.2 2,737.8 2,251.4 2,099.5 124.0 27.8 (34.5) (3.6) (10.3) 38.0 $ (48.3) $312.5 1,277.3 1,158.5 4,006.4 917.0 2,018.6 Found on 2 pages $ 234.1 2016 $4,833.3 2,584.7 2,248.6 1831.1 417.5 (26.4) (2.8) 388.3 131.3 $ 257.0 $ 250.5 1,279.3 917.5 3,644.3 817,4 2,030.9 $364.4 A. Net revenues by geographic region (in millions of $) 2019 North America EMEA* Asia-Pacific Latin America Connected fitness Total net revenues $3,658.4 621.1 636.3 196.1 136.4 $5,267.1 2018 $3,735.3 591.1 557.4 190.8 120.4 $5,193.2 2017 $3,802.4 470.0 433.6 181.3 89.2 $4,976.6 2016 $4,005.3 330.6 268.6 141.8 80.4 $4,833.3 B. Operating income (loss) by geographic region (in millions of $) 2018 North America EMEA Asia-Pacific Latin America Connected fitness Total operating income 2019 $733.4 53.7 97.6 (3.2) 17.1 $236.8 $718.2 30.4 103.5 (16.9) 5.9 $ (25.0) 2017 $700.2 26.0 89.3 (14.4) (6.5) $ 27.8 2016 $408.4 11.4 68.3 (33.9) (36.8) $417.5