Key figures for Polaris and Arctic Cat follow. Required 1. Compute the debt-to-equity ratios for Polaris and
Question:
Required
1. Compute the debt-to-equity ratios for Polaris and Arctic Cat for both the current year and the prior year.
2. Use the ratios you computed in part 1 to determine which companys financing structure is least risky. Assume an industry average of 0.64 fordebt-to-equity.
Transcribed Image Text:
Polaris Arctic Cat Current Year Prior Year Current Year Prior Year ($ thousands) Total assets.$.228,024 $1,061.647 $272.906 $246,084 78,745 167339 Total liabilities.... 727,968 l equity 500,056 690,656 370,991 89,870 183,036
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 92% (13 reviews)
1 Polariss current year debttoequity ratio 727968 500056 146 Polariss ...View the full answer
Answered By
Sarah Khan
My core expertise are:
-_ Finance
-_ Business
-_ Management
-_ Marketing Management
-_ Financial Management
-_ Corporate Finance
-_ HRM etc...
I have 7+ years of experience as an online tutor. I have hands-on experience in handling:
-_ Academic Papers
-_ Research Paper
-_ Dissertation Paper
-_ Case study analysis
-_ Research Proposals
-_ Business Plan
-_ Complexed financial calculations in excel
-_ Home Work Assistance
-_ PPT
-_ Thesis Paper
-_ Capstone Papers
-_ Essay Writing etc...
5.00+
91+ Reviews
92+ Question Solved
Related Book For
Fundamental accounting principle
ISBN: 978-0078025587
21st edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
Question Posted:
Students also viewed these Accounting questions
-
Key figures for Polaris and Arctic Cat follow ($ thousands). Required 1. Compute the ratio of segment revenue divided by segment assets for each of the segments of Polaris and Arctic Cat for each of...
-
Key comparative figures for Polaris and Arctic Cat follow. 1. What is the debt ratio for Polaris in the current year and for the prior year? 2. What is the debt ratio for Arctic Cat in the current...
-
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...
-
Identify each process as endothermic or exothermic and indicate the sign of H. (a) Sweat evaporating from skin (b) Water freezing in a freezer (c) Wood burning in a fire
-
"The emergence of expectations that a country in the near future will impose exchange controls will probably result in upward pressure on the exchange-rate value of the country's currency." Do you...
-
A specialty food company sells whole King Salmon to various customers. The mean weight of these salmon is 35 pounds with a standard deviation of 2 pounds. The company ships them to restaurants in...
-
The geometric mean is often used in business and economics for finding average rates of change, average rates of growth, or average ratios. Given n values (all of which are positive), the geometric...
-
Cost allocation, downward demand spiral. Cayzer Associates operates a chain of 10 hospitals in the Los Angeles area. Its central food-catering facility, Mealman, prepares and delivers meals to the...
-
3. [From old exam] A petrochemical plant has a reactor waste stream containing hydrogen (20 mole%) in methane. The engineers wish to recover the valuable hydrogen before sending the methane to the...
-
Which element of the COSO ERM framework is most closely associated with each of the following? a. ALG Corporation bonds key employees. b. Based on previous experience, TRG Corporations management...
-
Refer to Polaris financial statements in Appendix A to answer the following. 1. Identify the items, if any, that make up Polaris long-term debt as reported on its balance sheet at December 31, 2011....
-
Traverse County needs a new county government building that would cost $ 10 million. The politicians feel that voters will not approve a municipal bond issue to fund the building since it would...
-
An axial-flow pump has a specified specific speed of 6.0. The pump must deliver 2400 gpm against a head of 18 m. Determine the required operating rpm of the pump.
-
A block of mass m = 14,6 kg is attached to the free end of a light string wrapped around a reel of radius R = 0, 38 m and mass M = 8,7 kg. The reel is a uniform disk and fixed on an axis about which...
-
Opening to trade expands an economy's consumption possibilities, so there is a way to make everybody better off. We see that trade makes off some people worse off, while others are made better off....
-
On January 1, 20X1 Shapiro and Sons, Inc. issued 9% bonds with a face value of $700,000 at a discount. The bonds yield 10%, pay interest annually, and were sold for $656,992. Shapiro and Sons, Inc....
-
A block of mass m = 14,1 kg is attached to the free end of a light string wrapped around a reel of radius R = 0, 28 m and mass M = 6, 7 kg. The reel is a uniform disk and fixed on an axis about which...
-
Laubitz Company begins operations on April 1. Information from Job cost sheets shows the following: Manufacturing Costs Assigned Job Number April May June Month Completed 10 $6,500 $4,400 May 11...
-
Calculate y" and y"'. y = 14x 2
-
Teasdale Inc. manufactures and sells commercial and residential security equipment. The comparative unclassified balance sheets for December 31, 2015 and 2014 are provided below. Selected missing...
-
Think about your own university or college, and choose an idea that could improve student satisfaction with the course enrollment process. Currently can students enroll for classes from anywhere? How...
-
Access eBays, February 17, 2010, filing of its 10-K report for the year ended December 31, 2009, at www.sec.gov. Required 1. What is the amount of eBays net accounts receivable at December 31, 2009,...
-
Each member of a team is to participate in estimating uncollectibles using the aging schedule and percents shown in Problem 9-4A. The division of labor is up to the team. Your goal is to accurately...
-
Bernard McCoy of LaserMonks is introduced in the chapters opening feature. Bernard currently sells his products through multiple outlets. Assume that he is considering two new selling options. Plan...
-
How does diversity encompass many areas including underserved populations, socioeconomic status, language, acculturation level, traditions, belief systems, etc?
-
Write a complete Java program that reads an odd number from the user. Your program should then use this odd number and nested for loops to print a cross made of stars. Some samples of how your...
-
In this exercise, write a complete Java program that reads integer numbers from the user until a negative value is entered. It should then output the average of the numbers, not including the...
Study smarter with the SolutionInn App