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Form 10-K https://sec.report/Document/0001336917-20-000010/ Use the cost of goods sold formula to compute net purchases, which are not reported in the Under Armour financial statements. Include

  1. Form 10-K https://sec.report/Document/0001336917-20-000010/
  2. Use the cost of goods sold formula to compute net purchases, which are not reported in the Under Armour financial statements. Include your calculations.
  3. Determine Under Armour's inventory turnover and days' sales in inventory for the year ended December 31, 2019. (Round each ratio to one decimal place.) Include all calculations.

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