Refer to Polaris’ financial statements in Appendix A. On December 31, 2011, what percent of current assets are represented by inventory?
Answer to relevant QuestionsIn a recent year’s financial statements, Home Depot reported the following results. Compute and interpret Home Depot’s return on assets (assume competitors average a 8.0% return on assets).Sales . . . . . . . . . . . . ...Refer to Arctic Cat’s financial statements in Appendix A and compute its cost of goods available for sale for the year ended March 31, 2011.Use KTM’s financial statements in Appendix A to compute its return on total assets for fiscal year ended December 31, 2011.Companies such as Piaggio apply process operations. List the four steps in accounting for production activity in a reporting period (for process operations).Polaris delivers its products to locations around the world. List three controllable and three uncontrollable costs for its delivery department.
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