By what amount did KTM’s long-term interest-bearing loans increase or decrease in 2011?
Answer to relevant QuestionsRefer to the statement of cash flows for Piaggio in Appendix A. For the year ended December 31, 2011, what was the amount for repayment of bank loans?Jules and Johnson are partners, each with $ 40,000 in their partnership capital accounts. Kwon is admitted to the partnership by investing $ 40,000 cash. Make the entry to show Kwon’s admission to the partnership.Refer to Arctic Cat’s statement of stockholders’ equity. What was the amount of its fiscal 2011 un-realized gain or loss on derivative instruments?Refer to KTM’s 2011 statement of cash flows in Appendix A. List its cash flows from operating activities, investing activities, and financing activities.Are there situations where Polaris can use process costing? Identify at least one and explain it.
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