Question: KTM www KTM com Polaris and Arctic Cat are competitors in the

KTM (www.KTM.com), Polaris, and Arctic Cat are competitors in the global marketplace. Key comparative figures for each company follow.


* EUR thousands for KTM.
† $ thousands for Polaris and Arctic Cat.
Required
1. Rank the three companies (highest to lowest) based on the gross margin ratio.
2. Which of the companies uses a multiple-step income statement format? (These companies’ income statements are in AppendixA.)
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  • CreatedNovember 26, 2013
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