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 5.4 100.0 1.5 1.6 19.9 Sustainable Growth Rate % % % % % 2010 6.3 100.0 1.5 1.6 26.0 2011 6.5 100.0 1.5 1.8 40.2 2012 6.9 100.0 1.5 1.7 26.4 a. Calculate Under Armour's annual sustainable growth rate for the years 2009 through 2013. Note: Round your answers to 1 decimal place. 2013 6.9 100.0 1.4 1.8 28.9
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- 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 (%) 2009 5.2 100.0 1.6 1.7 18.3 2010 6.1 100.0 1.6 1.7 24.4 2011 6.3 100.0 1.6 1.9 38.6 2012 6.7 100.0 1.6 1.8 24.8 2013 6.7 100.0 1.5 1.9 27.3 a. Calculate Under Armour's annual sustainable growth rate for the years 2009 through 2013. Note: Round your answers to 1 decimal place.Stryker Corporation is a leading medical technology company headquartered in Kalamazoo, Michigan, that trades on the New Yor Stock Exchange. Following are selected financial data for Stryker for the period 2009 to 2013. Profit margin (%) Retention ratio (X) Asset turnover (X) Financial leverage (X) Growth rate in sales (%) Year 2009 2010 2011 2012 2013 Bustainable Growth Rate % % 2009 % % 15.9 81.7 8.70 1.70 .9 Source: Data from Stryker 2009 to 2013 annual reports. Calculate Stryker's annual sustainable growth rate from 2009 through 2013. Note: Round your answers to 1 decimal place. 2010 16.9 80.6 0.70 1.78 7.9 2011 15.9 78.9 0.79 1.70 12.6 2012 14.7 74.7 8.70 1.70 3.4 2013 18.9 59.9 0.60 1.80 3.9Stryker Corporation is a leading medical technology company headquartered in Kalamazoo, Michigan, that trades on the New York Stock Exchange. Following are selected financial data for Stryker for the period 2009 to 2013. Profit margin (%) Retention ratio (%) Asset turnover (X) Financial leverage (X) Growth rate in sales (%) 2009 Source: Data from Stryker 2009 to 2013 annual reports. Year 2009 2010 2011 2012 2013 17.3 83.1 0.70 1.70 1.1 Sustainable Growth Rate % % % % % 2010 18.3 82.0 0.70 1.70 9.3 2011 Calculate Stryker's annual sustainable growth rate from 2009 through 2013. Note: Round your answers to 1 decimal place. 17.3 80.3 0.70 1.70 14.0 2012 16.1 76.1 0.70 1.70 4.8 2013 12.3 61.3 0.60 1.80 5.3
- Hasbro, Incorporated, sells toys and games in over 120 countries, including popular brands such as Nerf and Play-Doh. The following are selected financial data for the company for the period 2012 to 2016. Profit margin (%) Retention ratio (%) Asset turnover (X) Financial leverage (X) Growth rate in sales (%) Source: Data from Hasbro 2012 to 2016 annual reports Year 2012 2013 2014 2015 2016 2012 Sustainable Growth Rate % % % % % 8.7 33.2 1.02 3.17 (5.2) 2013 7.7 46.2 0.97 2.97 (3.2) 2014 Calculate Hasbro's annual sustainable growth rate from 2012 through 2016. Note: Round your answers to 1 decimal place. 10.2 48.2 0.98 2.72 5.2 2015 11.2 57.0 0.98 3.27 4.7 2016 12.2 55.2 1.03 3.17 13.2Nobility Homes, Incorporated, is a small maker of manufactured homes sold throughout the state of Florida. The following are selected financial data for the company for the period 2012-2016. Profit margin (%) Retention ratio (%) Asset turnover (X) Financial leverage (X) Growth rate in sales (%) Year 2012 2013 2014 2015 2016 2012 0.4 100.0 0.36 1.01 16.6 Sustainable Growth Rate % % % % % 2013 5.0 100.0 0.41 1.05 16.1 2014 4.6 100.0 0.46 1.08 13.6 2015 8.6 100.0 0.51 1.13 30.1 2016 Source: Data from Nobility Homes 2012 to 2016 annual reports a. Calculate Nobility Homes' annual sustainable growth rate for the years 2012 through 2016. Note: Round your answers to 1 decimal place. 16.6 100.0 0.56 1.21 21.6Nobility Homes, Incorporated, is a small maker of manufactured homes sold throughout the state of Florida. The following are selected financial data for the company for the period 2012-2016. Profit margin (%) Retention ratio (%) Asset turnover (X) Financial leverage (X) Growth rate in sales (%) Source: Data from Nobility Homes 2012 to 2016 annual reports 2012 0.3 100.0 0.54 1.19 18.4 Year 2012 2013 2014 2015 2016 % % % % % 2013 4.0 100.0 0.59 1.23 17.9 2014 2015 6.4 100.0 0.64 1.26 15.4 a. Calculate Nobility Homes' annual sustainable growth rate for the years 2012 through 2016. Note: Round your answers to 1 decimal place. Sustainable Growth Rate 2016 18.4 10.4 100.0 100.0 0.69 0.74 1.31 1.39 31.9 23.4
- Make Analysis into an evaluation of the firm’s liquidity, activity, debt, profitability and market ratios. Historical and Industry Average Ratios HTS Software , Inc. Industry Ratio 2010 2011 2011 Liquidity Ratios Current Ratio 2.6 2.08 2.7 Quick Ratio 1.8 1.32 1.75 Activity Ratios Inventory Turnover 4.5 3.00 4.7 Average Collection Period 40days 53days 42 days Total Asset Turnover 1.2 0.80 1 Debt Ratios Debt Ratio 20% 28% 21% Times Interest Earned 9 6 8.9 Profitability Ratios Gross Profit Margin 43% 43% 44% Operating Profit Margin 30% 26% 32% Net Profit Margin 20% 17% 21% Return on total assets 12% 14% 13% Return on Equity 15% 19% 16% Market Ratios Price/Earnings Ratio 7.3 4.4 8GIVE THE COMPARATIVE INCOME STATEMENT VERTICAL ANALYSIS FROM THE FOLLOWING INCOME STATEMENT BELOW JOLLIBEE INCOME STATEMENT ITEM 2016 2017 2018 2019 2020 Sales/Revenue 113.81B 133.61B 161.17B 179.63B 129.31B Sales Growth - 17.40% 20.62% 11.45% -28.01% Cost of Goods Sold (COGS) incl. D&A - - 132.96B 150.88B 115.39B COGS Growth - - - 13.47% -23.52% COGS excluding D&A 89.27B 105.39B 121.08B 137.38B 100.82B Depreciation & Amortization Expense 4B 4.75B 11.89B 13.5B 14.57B Depreciation 3.93B 4.66B 11.73B 13.34B 14.32B Amortization of Intangibles 68.99M 78.95M 151.82M 145.42M 245.23M Gross Income 20.54B 23.48B 28.21B 28.75B 13.92B Gross Income Growth - 14.30% 20.12% 1.93% -51.57% Gross Profit Margin - - - - 10.77% SG&A Expense - - 17.64B 20.21B 20.42B SGA Growth - - - 14.57% 1.02%…Analyze the following ratios (Good/Not good, Undervalued/Overvalued, or just OK) based on the given industry averages. Ratios Annual Data Industry Average Interpretation Current 5.7 4 Days Sales Outstanding 37 days 42 days Total Debt to Total Capital 47.80% 32.60% Times-Interest Earned 2.2 6 Profit Margin 6.10% 6.00% Return on Invested Capital 10.03% 10.00% Enterprise Value to EBITDA 0.87 1.12 Provide a decision for each analysis.
- Given the income statement below, Mega Trade Inc. wants to find the resulting net income for the year 2016 (in million). What is the right amount? Income Statement ($ Million) YEAR END YEAR END YEAR END YEAR END 2015 2016 2017 2018 Sales 1,234.90 1,251.70 1,300.40 1,334.40 Cost Sales -679.1 -659 -681.3 -667 Gross Operating Income Selling & Administration -339.7 -348.6 -351.2 -373.3 Depreciation -47.5 -52 -55.9 -75.2 Other Income/Expenses 11.8 7.6 7 8.2 Earnings Before Interest and Taxes Interest Income 1.3 1.4 1.7 2 Interest Expense -16.2 -15.1 -20.5 -23.7 Pre Tax Income Income Taxes -56.8 -64.2 -67.5 -72.6 Net Income Dividends -38.3 -38.7 -39.8 -40.1GIVE THE COMPARATIVE INCOME STATEMENT HORIZONTAL ANALYSIS FROM THE FOLLOWING INCOME STATEMENT BELOW JOLLIBEE INCOME STATEMENT ITEM 2016 2017 2018 2019 2020 Sales/Revenue 113.81B 133.61B 161.17B 179.63B 129.31B Sales Growth - 17.40% 20.62% 11.45% -28.01% Cost of Goods Sold (COGS) incl. D&A - - 132.96B 150.88B 115.39B COGS Growth - - - 13.47% -23.52% COGS excluding D&A 89.27B 105.39B 121.08B 137.38B 100.82B Depreciation & Amortization Expense 4B 4.75B 11.89B 13.5B 14.57B Depreciation 3.93B 4.66B 11.73B 13.34B 14.32B Amortization of Intangibles 68.99M 78.95M 151.82M 145.42M 245.23M Gross Income 20.54B 23.48B 28.21B 28.75B 13.92B Gross Income Growth - 14.30% 20.12% 1.93% -51.57% Gross Profit Margin - - - - 10.77% SG&A Expense - - 17.64B 20.21B 20.42B SGA Growth - - - 14.57% 1.02%…Adenta Ltd (Adenta) assembles telecommunication equipment and sells to wholesalers and retailers. The following ratios relate to the average figures for Adenta’s industry for the year ended 31 December, 2018: Return on capital employed 20.10% Gross profit margin 32% Net profit (before tax) margin 12.50% Current ratio 1.6:1 Acid-test ratio 0.9:1 Inventory turnover period 46 days Trade receivable collection period 45 days Debt-to-equity ratio 40% Dividen yield 6% Dividendcover 3 times Adenta’s financial statements for the year to 31 December, 2018 are set out below: Statement of Profit or Loss for the year ended 31 December, 2018 Sales 48,500 Cost of…