Question

Key financial figures for Polaris’ fiscal year ended December 31, 2011, follow.
Key Figure In Thousands
Liabilities 1 Equity. . . . . . . . . $1,228,024
Net income . . . . . . . . . . . . . . 227,575
Revenues . . . . . . . . . . . . . . . . 2,656,949

Required
1. What is the total amount of assets invested in Polaris?
2. What is Polaris’ return on assets for 2011? Its assets at December 31, 2010, equal $1,061,647 (in thousands).
3. How much are total expenses for Polaris for the year ended December 31, 2011?
4. Does Polaris’ return on assets for 2011 seem satisfactory if competitors average an 18% return? Fast Forward



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  • CreatedNovember 14, 2013
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