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Question 11 3

Finance Nov 03, 2021

Question 11

3.5 / 3.5 pts

What were the total assets of Under Armour at year-end 2016? (Answer in billions)

 

Question 12

3 / 3 pts

What was the largest asset?  

Your Answer:

 

Question 13

3 / 3 pts

What was the second largest asset?

Your Answer:

 

Question 14

3.5 / 3.5 pts

What % of assets does the largest asset make up of total assets? (Round to one decimal)

 

Question 15

3 / 3 pts

What % of assets does the second largest asset make up of total assets?

 

Question 16

3 / 3 pts

 

       What were the total liabilities of at year-end 2016? (answer in billions)

 

Question 17

3 / 3 pts

What was the biggest liability? 

 

Question 18

3.5 / 3.5 pts

What was the shareholders’ equity at year-end 2016? (Answer in billions)

 

Question 19

3 / 3 pts

What was cash from operations ($ in millions) in 2016? (Rounded to one decimal)

 

Question 20

3.5 / 3.5 pts

Did operation produce cash or use cash? (Answer yes for produce, or no for use)

  

True

 

False

 

Expert Solution

Question 11

3.5 / 3.5 pts

What were the total assets of Under Armour at year-end 2016? (Answer in billions)

Correct!

Correct Answers

3.655 (with margin: 0.1)

 

Question 12

3 / 3 pts

What was the largest asset?  

Your Answer:

Inventories

 

Question 13

3 / 3 pts

What was the second largest asset?

Your Answer:

PP&E

Property and Equipment

 

Question 14

3.5 / 3.5 pts

What % of assets does the largest asset make up of total assets? (Round to one decimal)

Correct!

Correct Answers

25.1 (with margin: 0.05)

 

Question 15

3 / 3 pts

What % of assets does the second largest asset make up of total assets?

Correct!

Correct Answers

22 (with margin: 0.1)

 

Question 16

3 / 3 pts

 

       What were the total liabilities of at year-end 2016? (answer in billions)

 

Correct!

Correct Answers

1.622 (with margin: 0.05)

 

Question 17

3 / 3 pts

What was the biggest liability? 

Your Answer:

Long-term Debt

Debt

 

Question 18

3.5 / 3.5 pts

What was the shareholders’ equity at year-end 2016? (Answer in billions)

Correct!

Correct Answers

2.032 (with margin: 0.05)

 

Question 19

3 / 3 pts

What was cash from operations ($ in millions) in 2016? (Rounded to one decimal)

Correct!

Correct Answers

304.5 (with margin: 0.1)

 

Question 20

3.5 / 3.5 pts

Did operation produce cash or use cash? (Answer yes for produce, or no for use)

Correct!  

True

   

False

 

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