Question
Managerial Accounting Professional Memo Go to this link: https://www.sec.gov/ix?doc=/Archives/edgar/data/1336917/000133691722000010/ua-20211231.htm#if0586bb0f3564e22b228972560a66be5_1182 The company that's selected is called Under Armour Review their financial statements, notes, management's discussion and
Managerial Accounting Professional Memo
Go to this link:
https://www.sec.gov/ix?doc=/Archives/edgar/data/1336917/000133691722000010/ua-20211231.htm#if0586bb0f3564e22b228972560a66be5_1182
The company that's selected is called Under Armour
Review their financial statements, notes, management's discussion and analysis, critical and significant accounting policies, etc. as it relates to inventory. It is located at "Item 8 Page 49".
You have been asked by your manager to put together a memo, describing the inventory of Under Armour. IT HAS TO INCLUDE:
What products make up inventory?
Is Under Armour a merchandiser or a manufacturer?
What is their accounting policy as it relates to inventory?
How significant is the inventory as a percentage of total assets?
What are the components of their inventory?
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Modern Advanced Accounting In Canada
Authors: Murray Hilton
6th Edition
0070001537, 978-0070001534
