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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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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