Under Armour, Inc., included the following income statement in its 2011 Annual Report. All amounts are presented in thousands of dollars. Required 1. Prepare a horizontal analysis of Under Armour’s...

Under Armour, Inc., included the following income statement in its 2011 Annual Report. All amounts are presented in thousands of dollars.

Required

1. Prepare a horizontal analysis of Under Armour’s income statement.

2. Prepare a trend analysis for Net Revenues and Income from Operations. What do you conclude?

May 26, 2022

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