Refer to Polaris’ 2011 balance sheet in Appendix A. How many shares of common stock are authorized? How many shares of voting common stock are issued?
Answer to relevant QuestionsRefer to the 2011 balance sheet for Arctic Cat in Appendix A. What is the par value per share of its common stock? Suggest a rationale for the amount of par value it assigned.Refer to the balance sheet of KTM in Appendix A. How can you tell that KTM uses the consolidated method of accounting? Refer to KTM’s 2011 statement of cash flows in Appendix A. List its cash flows from operating activities, investing activities, and financing activities.Companies such as Piaggio apply process operations. List the four steps in accounting for production activity in a reporting period (for process operations).Can management of a company such as Arctic Cat use cycle time and cycle efficiency as useful measures of performance? Explain.
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