Question

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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