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# 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?

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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

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

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%.

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