1. Consider your own situation in terms of assets and liabilities. Required 1. Name three of your financial assets. 2. Name three of your financial liabilities. 2. Think about Under Armour’s business...

1. Consider your own situation in terms of assets and liabilities.

Required

1. Name three of your financial assets.

2. Name three of your financial liabilities.

2. Think about Under Armour’s business in balance sheet terms.

Required

1. Name three of Under Armour’s assets.

2. Name three of Under Armour’s liabilities.

3. Place Under Armour’s total assets, total liabilities, and total stockholders’ equity in the form of the accounting equation. (Use the 2011 year-end amounts.)