Using the 2016 Annual Report for Under Armour, answer the following questions. (Link: http://files.shareholder.com/downloads/UARM/6112902906x0x937207/3E24CAC2-FE6C-48E9-A1B0-39C5AC9B3850/Under_Armour_2016_Annual_Report.pdf)

With regard to the 4 Rs of Finance, describe in general how this report demonstrates:
Relevance
Requirements
Results
Risks

What are the Year Ended December 31, 2016 results for the following financial statement items, and for each item indicate whether they’re increasing or decreasing year over year:
Gross Profit
Net Income
Cash Flows from:
Operating activities
Investing activities
Financing activities
Total assets
Total liabilities
Total Stockholder’s equity

Did the auditors express an opinion about Under Armour’s financial statements? What were there findings?

Does Under Armour use FIFO or LIFO for their inventory?

Would you invest in Under Armour’s stock? Why or why not?