View the step-by-step solution to:

Question: Need to Calculate DuPont Model for Under Armour for year Dec 31st, 2015. Please also show equation with calculation. Profit Margin? Asset


Question:


Need to Calculate DuPont Model for Under Armour for year Dec 31st, 2015.

Please also show equation with calculation.


Profit Margin?

Asset Turnover?

Return on Assets?

Financial Leverage?

Return on Equity?


------------------------------------------------------------------------------------------------------------------------------



Financial Statement:


For 12 Months Ended ($ in 000s) 12/31/2015


Net revenues $3,963,313

Cost of goods sold (2,057,766)

Gross profit 1,905,547

Selling, general and administrative expenses (1,497,000)

Income from operations 408,547

Interest expense, net (14,628)

Other expense, net (7,234)

Income before income taxes 386,685

Provision for income taxes (154,112)

Net income $232,573

UNDER ARMOUR INC.

Consolidated Balance Sheet

$ in 000s 12/31/2015 12/31/2014

Assets

 Cash and cash equivalents $129,852 $593,175 

 Accounts receivable, net 433,638 279,835 

 Inventories 783,031 536,714 

 Prepaid expenses and other current assets 152,242 87,177 

 Deferred income taxes -   52,498 

Total Current Assets 1,498,763 1,549,399 

 Property and equipment, net 538,531 305,564 

 Goodwill 585,181 123,256 

 Intangible assets, net 75,686 26,230 

 Deferred income taxes 92,157 33,570 

 Other long-term assets 78,582 57,064 

Total Assets $2,868,900 $2,095,083 

Liabilities and Stockholders' Equity

 Accounts payable $200,460 $210,432 

 Accrued expenses 192,935 147,681 

 Current maturities of long term - debt 42,000 28,951 

 Other current liabilities 43,415 34,563 

Total Current Liabilities 478,810 421,627 

 Long-term debt, net of current maturities 352,000 255,250 

 Long-term line of credit, noncurrent 275,000 -  

 Other long-term liabilities 94,868 67,906 

Total Liabilities 1,200,678 744,783 

Stockholders' Equity

 Additional paid-in capital 636,630 508,350 

 Retained earnings 1,076,533 856,687 

 Accumulated other comprehensive loss (44,941) (14,737)

Total Stockholders' Equity 1,668,222 1,350,300 

Total Liabilities and Stockholders' Equity $2,868,900 $2,095,083 




Common Size Analysis Figures:



Income statement - Common Size

UNDER ARMOUR Amounts (in 000s) Percentages

For year ended 12/31/2015 12/31/2015

Net revenues $3,963,313 100%

Cost of goods sold (2,057,766)

Gross profit 1,905,547

Selling, general and administrative expenses (1,497,000)

Income from operations 408,547

Interest expense, net (14,628)

Other expense, net (7,234)

Income before income taxes 386,685

Provision for income taxes (154,112)

Net income $232,573

Balance sheets - Common Size

UNDER ARMOUR Amounts (in 000s) Percentages

For year ended 12/31/2015 12/31/2014 12/31/2015 12/31/2014

Assets

 Cash and cash equivalents $129,852 $593,175

 Accounts receivable, net 433,638 279,835

 Inventories 783,031 536,714

 Prepaid expenses and other current assets 152,242 87,177

 Deferred income taxes -   52,498

Total Current Assets 1,498,763 1,549,399

 Property and equipment, net 538,531 305,564

 Goodwill 585,181 123,256

 Intangible assets, net 75,686 26,230

 Deferred income taxes 92,157 33,570

 Other long-term assets 78,582 57,064

Total Assets $2,868,900 $2,095,083 100% 100%

Liabilities and Stockholders' Equity

 Accounts payable $200,460 $210,432

 Accrued expenses 192,935 147,681

 Current maturities of long term - debt 42,000 28,951

 Other current liabilities 43,415 34,563

Total Current Liabilities 478,810 421,627

 Long-term debt, net of current maturities 352,000 255,250

 Long-term line of credit, noncurrent 275,000 -  

 Other long-term liabilities 94,868 67,906

Total Liabilities 1,200,678 744,783

Stockholders' Equity

 Additional paid-in capital 636,630 508,350

 Retained earnings 1,076,533 856,687

 Accumulated other comprehensive loss (44,941) (14,737)

Total Stockholders' Equity 1,668,222 1,350,300

Total Liabilities and Stockholders' Equity $2,868,900 $2,095,083 100% 100%.

Recently Asked Questions

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

-

Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question