Reference no: EM13506248
1. Look at the "Reserve for Uncollectible Accounts Receivable" heading to Note 2 (Summary of Significant Accounting Policies). Does Under Armour use the percentage of credit sales method or the aging method to estimate bad debt expense?
2. Looking at the same note, what was Under Armour's allowance for doubtful accounts in 2009 and 2008?
3. Was a larger percentage of the gross accounts receivable considered uncollectible at December 31, 2008 or 2009?
4. Calculate Under Armour's receivables turnover for 2008 and 2009 (Accounts Receivable, net, was- $71,867 at December 31, 2007). (Note: Round answers to two decimal places.) If the industry average for receivables turnover is 24.78, how do you evaluate their efficiency with receivables?
5. Calculate Under Armour's gross profit margin, operating margin, and net profit margin for 2008 and 2009. (Note: Round answers to two decimal places.)
6. If the industry average for gross profit ratio is 36.61 percent, what sort of strategy do you think Under Armour is pursuing?
7. Evaluate the trend of Under Armour's operating margin and net profit margin and relate the trend to the industry averages of 10.97 percent and 6.54 percent, respectively.
|
Some of the pitfalls of group decision making
: Your first assignment is to restructure the course availability list so that it will attract internal and external customers. Courses not used will be dropped. Your deadline is one week
|
|
Explain molarity of each ion after the precipitation process
: 100.0mL of 0.400 mol/L CoCl2 (aqueous) is mixed with 100.0mL of 1.600 mol/L NaOH. Determine the moles of precipitate which form, and the molarity of each ion (including spectator ions) after the precipitation process is complete
|
|
Define the ph of a solution prepared by mixing hbro and naoh
: What is the pH (to nearest 0.01 pH unit) of a solution prepared by mixing 67.0 mL of 0.0755 M HBrO and 89.0 mL of 0.130 M NaOH
|
|
Essay about game theory
: plit this assignment into two parts. The first part titling Game Theory Application and the second part Game Theory Anaylsis. Teh forst part should include elements of a game, types of games, types of strategies, equilibrium, the prisoner's dilemm..
|
|
Calculate under armours receivables turnover
: Looking at the same note, what was Under Armour's allowance for doubtful accounts in 2009 and 2008 and was a larger percentage of the gross accounts receivable considered uncollectible at December 31, 2008 or 2009?
|
|
Identify the specific components of an institution
: Every country in the world is constructed around the same set of institutional frameworks that differ only in how governments manage them. Identify the specific components of an institution.
|
|
Explain why you think it is extractive
: Provide an example of a practice that could be considered “extractive.” Explain why you think it is extractive. Which of Collier’s suggestions for holding institutions more accountable do you most agree with, and why?
|
|
Explain aliquot of a weak base is titrated with hcl
: A 10.00mL aliquot of a weak base is titrated with HCL. The equivalence point is reached after 17.21mL of 0.4332 mol/L HCL has been added. The pH is equal to 10.03 after 5.00mL of HCL was added. Determine
|
|
The conflict environment
: The Conflict Environment
|