Key figures for Polaris and Arctic Cat follow.

Required
1. Compute return on total assets for Polaris and Arctic Cat for the two most recent years.
2. Separate the return on total assets computed in part 1 into its components for both companies and both years according to the formula in Exhibit 15.9.
3. Which company has the highest total return on assets? The highest profit margin? The highest total asset turnover? What does this comparative analysis reveal? (Assume an industry average of 10.0% for return onassets.)

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Polaris Arctic Cat Current IYear 2Years Current Year 2Years Year Prior Prior ($ thousands) Year Prior Prior Net income227.575 $ 147,138 101.017 13.007 1875 ($9,508) Net sales...2,656.949 991.39 1565,887 464,65 450,728 563,613 assets .1228,024 1061.647 763,653 272,906 246,084 251,165