Question: Refer to Polaris financial statements in Appendix A to answer

Refer to Polaris’ financial statements in Appendix A to answer the following.
1. Are Polaris’ financial statements consolidated? How can you tell?
2. What is Polaris’ comprehensive income for the year ended December 31, 2011?
3. Does Polaris have any foreign operations? How can you tell?
4. Compute Polaris’ return on total assets for the year ended December 31, 2011.


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  • CreatedNovember 26, 2013
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