Reference no: EM132600517
Question 1: Using the 2018 and 2019 financial data below on Under Armour how would project 2020 and 2021 Total Current assets, Total liabilities, Net position, Operating Revenues, Total operating expenses, & Operating income.
2018
Total Current assets - $ 2593.628 Million
Total liabilities - $ 1315.977 Million
Net position (Current Asset - Current Liability) - $ 1277.651 Million
Operating Revenues - $ 5193.185 Million
Total operating expenses - $ 5218.202 Million
Operating income - $ (25.017) Million
2019
Total Current assets - $ 2702.209 Million
Total liabilities - $ 1422.009 Million
Net position (Current Asset - Current Liability) - $ 1280.2 Million
Operating Revenues - $ 5267.132 Million
Total operating expenses - $ 5030.362 Million
Operating income - $ 236.77 Million
2019
Revenue - $5,267.132
Cost of Revenue - $2,796.599
Gross Profit - $2,796.599
Expenses - 96952
Net Profit - 96952
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