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Quantifying the Effect of Inventory Write - offs on Ratios 2 0 1 8 and $ 1 , 1 1 2 , 2 0 6
Quantifying the Effect of Inventory Writeoffs on Ratios and $ thousand in a What effect did the imvencory writeoff have on pretax income during Note: Do not use a negative sign with your answer. The inventory writeoff pretax income during by thousand. b Calculate imventory turnover and days inwentory outstanding for Note: Round your answers to one decimal place for example, enter for SS Inventory turnover: K times Note: Do not round until your final answer; round your final answer to the nearest whole day. Days inventory outstanding: days c If Under Armour had not written off inventory in what would is have reported for cost of goods sold in thousand d If UnderAmour had not written off inventory in what would have been the inverkory balances in and imentory balance thousand C If Under Amour had not written off inventory in what would it have reported for cost of goods sold in thousand d If UnderAmour had not witten off inventory in what would have been the irwentory balances in and inventory balance $ thousand inventory balance: thousand e Use the adjusted cost of goods sold and inventory balances to recalculate inventory tumover and das imventory outstanding, Did the inventory writeoff make a significant difference? Note: Round your answers to one decimal place for example, enter for Imentory turnover times Note: Do not round untl your final answer, round your final answer to the nearest whole day. Days imentory outstanding das
Quantifying the Effect of Inventory Writeoffs on Ratios
and $ thousand in
a What effect did the imvencory writeoff have on pretax income during
Note: Do not use a negative sign with your answer.
The inventory writeoff
pretax income during by
thousand.
b Calculate imventory turnover and days inwentory outstanding for
Note: Round your answers to one decimal place for example, enter for SS
Inventory turnover:
K times
Note: Do not round until your final answer; round your final answer to the nearest whole day.
Days inventory outstanding:
days
c If Under Armour had not written off inventory in what would is have reported for cost of goods sold in
thousand
d If UnderAmour had not written off inventory in what would have been the inverkory balances in and
imentory balance thousand
C If Under Amour had not written off inventory in what would it have reported for cost of goods sold in
thousand
d If UnderAmour had not witten off inventory in what would have been the irwentory balances in and
inventory balance $
thousand
inventory balance:
thousand
e Use the adjusted cost of goods sold and inventory balances to recalculate inventory tumover and das imventory outstanding, Did the inventory writeoff make a significant difference?
Note: Round your answers to one decimal place for example, enter for
Imentory turnover
times
Note: Do not round untl your final answer, round your final answer to the nearest whole day.
Days imentory outstanding
das
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