Problem 4-8 Under Armour, Incorporated is an American supplier of sportswear and casual apparel. Following are selected financial data for the company for the period 2009 to 2013. Profit margin (%) Retention ratio (%) Asset turnover (X) Financial leverage (X) Growth rate in sales (%) Year 2009 2010 2011 2012 2013 2009 Sustainable Growth Rate % % % % % 5.6 100.0 1.5 1.6 18.4 2010 6.5 100.0 1.5 1.6 24.5 2011 6.7 100.0 1.5 1.8 38.7 2012 7.1 100.0 1.5 1.7 24.9 2013 7.1 100.0 a. Calculate Under Armour's annual sustainable growth rate for the years 2009 through 2013. Note: Round your answers to 1 decimal place. 1.4 1.8 27.4
Problem 4-8 Under Armour, Incorporated is an American supplier of sportswear and casual apparel. Following are selected financial data for the company for the period 2009 to 2013. Profit margin (%) Retention ratio (%) Asset turnover (X) Financial leverage (X) Growth rate in sales (%) Year 2009 2010 2011 2012 2013 2009 Sustainable Growth Rate % % % % % 5.6 100.0 1.5 1.6 18.4 2010 6.5 100.0 1.5 1.6 24.5 2011 6.7 100.0 1.5 1.8 38.7 2012 7.1 100.0 1.5 1.7 24.9 2013 7.1 100.0 a. Calculate Under Armour's annual sustainable growth rate for the years 2009 through 2013. Note: Round your answers to 1 decimal place. 1.4 1.8 27.4
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
Section: Chapter Questions
Problem 15.5.3MBA
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