Common-size analysis- Given the information presented a) Complete these tables using common-size analysis; b) Summarize the highlights from common-size analysis for Under Armour and indicate possible red flags underneath the financial stataments.
Income statement - Common Size
UNDER ARMOUR	Amounts (in 000s)	Percentages
For year ended	12/31/2015	12/31/2015
Net revenues	$3,963,313	100%
Cost of goods sold	(2,057,766)	?%
Gross profit	1,905,547	?%
Selling, general and administrative expenses	(1,497,000)	?%
Income from operations	408,547	?%
Interest expense, net	(14,628)	?%
Other expense, net	(7,234)	?%
Income before income taxes	386,685	?%
Provision for income taxes	(154,112)	?%
Net income	$232,573	?%

Balance sheets - Common Size
UNDER ARMOUR	Amounts (in 000s)		Percentages
For year ended	12/31/2015	12/31/2014	12/31/2015	12/31/2014
Assets
Cash and cash equivalents	$ 129,852	$ 593,175	?%	?%
Accounts receivable, net	433,638	279,835	?%	?%
Inventories	783,031	536,714	?%	?%
Prepaid expenses and other current assets	152,242	87,177	?%	?%
Deferred income taxes	-	52,498	?%	?%
Total Current Assets	1,498,763	1,549,399	?%	?%
Property and equipment, net	538,531	305,564	?%	?%
Goodwill	585,181	123,256	?%	?%
Intangible assets, net	75,686	26,230	?%	?%
Deferred income taxes	92,157	33,570	?%	?%
Other long-term assets	78,582	57,064	?%	?%
Total Assets	$ 2,868,900	$ 2,095,083	100%	100%
Liabilities and Stockholders' Equity
Accounts payable	$ 200,460	$ 210,432	?%	?%
Accrued expenses	192,935	147,681	?%	?%
Current maturities of long term - debt	42,000	28,951	?%	?%
Other current liabilities	43,415	34,563	?%	?%
Total Current Liabilities	478,810	421,627	?%	?%
Long-term debt, net of current maturities	352,000	255,250	?%	?%
Long-term line of credit, noncurrent	275,000	-	?%	?%
Other long-term liabilities	94,868	67,906	?%	?%
Total Liabilities	1,200,678	744,783	?%	?%
Stockholders' Equity
Additional paid-in capital	636,630	508,350	?%	?%
Retained earnings	1,076,533	856,687	?%	?%
Accumulated other comprehensive loss	(44,941)	(14,737)	?%	?%
Total Stockholders' Equity	1,668,222	1,350,300	?%	?%
Total Liabilities and Stockholders' Equity	$ 2,868,900	$ 2,095,083	100%	100%

(2) Given the information presented above, calculate the DuPont Model for Under Armour for the year ended at Dec. 31, 2015. Must show equations and detailed calculations underneath the table.
	Under Armour INC.
Profit Margin (PM)
Asset Turnover (AT)
Return on Assets (ROA)
Financial Leverage (FL)
Return on Equity (ROE)