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

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

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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