Practice Exercise 02 Under Armour, Inc., reported the following comparative balance sheet in its 2011 Annual Report. All amounts are presented in thousands of dollars. Dec. 31, 2011 $175,384 134,043 324,409 55,827 689,663 159,135 70,412 $919,210 Dec. 31, 2010 Cash Accounts receivable Inventories Other current assets $203,870 102,034 215,355 34,591 555,850 76,127 43,401 $675,378 Total current assets Property and equipment Other assets Total assets $100,527 69,285 6,882 6,913 183,607 70,842 28,329 282,778 17 268,223 368,192 636,432 $919,210 $84,679 55,138 6,865 2,465 149,147 9,077 20,188 178,412 17 224,887 272,062 496,966 $675,378 Accounts payable Accrued expenses Current portion of long-term debt Other current liabilities Total current liabilities Long-term debt Other long-term liabilities Total liabilities Common stock Paid in capital Retained earnings Total stockholders' equity Total liabilities and stockholders equity Prepare a common-size analysis of Under Armour's balance sheet. (Round answers to 1 decimal places, e'g 10.2%.) Dec. 31, 2011 Dec. 31, 2010 Cash Accounts receivable Inventories Other current assets Total current assets Property and equipment Other assets Total assets Accounts payable Accrued expenses Current portion of long-term debt Other current liabilities Total current liabilities Long-term debt Long-term debt Other long-term liabilities Total liabilities Common stock Paid in capital Retained earnings Total stockholders' equity Total liabilities and stockholders' equity