Key figures for Polaris and Arctic Cat follow. Required 1. Compute the recent two years cash flow
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Required
1. Compute the recent two years cash flow on total assets ratios for Polaris and Arctic Cat.
2. What does the cash flow on total assets ratio measure?
3. Which company has the highest cash flow on total assets ratio for the periods shown?
4. Does the cash flow on total assets ratio reflect on the quality of earnings?Explain.
Transcribed Image Text:
Polaris Arctic Cat Current I Year 2Years Current IYear 2Years Prior Prior Year Prior Prior ($ thousands) Year Operating cash flows 302,530 297.619 $193,20 $ (5.123) $ 29315 $ 19.591 Total assets... ,228,024 1061,647 763,653 272,906 246,084 251,165
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Related Book For
Fundamental accounting principle
ISBN: 978-0078025587
21st edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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