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Under Armour, Inc. is an American supplier of sportswear and casual apparel. Following are selected financial data for the company for the period 2009-2013. 2009 2010 2011 2012 2013 Profit margin (X) Retention ratio (%) Asset turnover (X) Financial leverage (X) Growth rate in sales (%) 5.4 100.0 6.5 100.e 1.7 6.3 6.9 6.9 100.0 100.e 100.0 1.6 1.7 1.7 1.7 1.8 1.8 2.0 1.9 2.0 18.2 24.3 38.5 24.7 27.2

Under Armour, Inc. is an American supplier of sportswear and casual apparel. Following are selected financial data for the company for the period 2009-2013. 2009 2010 2011 2012 2013 Profit margin (X) Retention ratio (%) Asset turnover (X) Financial leverage (X) Growth rate in sales (%) 5.4 100.0 6.5 100.e 1.7 6.3 6.9 6.9 100.0 100.e 100.0 1.6 1.7 1.7 1.7 1.8 1.8 2.0 1.9 2.0 18.2 24.3 38.5 24.7 27.2

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Under Armour, Inc. is an American supplier of sportswear and casual apparel. Following are selected financial data for the company for the period 2009-2013. 11111 2009 2010 2011 2012 2013 Profit margin (%) Retention ratio (%) Asset turnover (X) Financial leverage (X) Growth rate in sales (%) 6.9 100.0 5.4 6.3 6.5 6.9 100.0 100.0 100.e 100.0 1.7 1.7 1.7 1.7 1.6 1.8 2.0 1.8 24.3 2.0 27.2 1.9 18.2 38.5 24.7 a. Calculate Under Armour's annual sustainable growth rate for the years 2009 through 2013. (Round your answers to 1 declmal place.) Year Sustainable Growth Rate 2009 2010 2011 2012 2013
Transcribed Image Text:Under Armour, Inc. is an American supplier of sportswear and casual apparel. Following are selected financial data for the company for the period 2009-2013. 11111 2009 2010 2011 2012 2013 Profit margin (%) Retention ratio (%) Asset turnover (X) Financial leverage (X) Growth rate in sales (%) 6.9 100.0 5.4 6.3 6.5 6.9 100.0 100.0 100.e 100.0 1.7 1.7 1.7 1.7 1.6 1.8 2.0 1.8 24.3 2.0 27.2 1.9 18.2 38.5 24.7 a. Calculate Under Armour's annual sustainable growth rate for the years 2009 through 2013. (Round your answers to 1 declmal place.) Year Sustainable Growth Rate 2009 2010 2011 2012 2013
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