Comparative figures for Polaris and Arctic Cat follow.

Required
1. Compute inventory turnover for each company for the most recent two years shown.
2. Compute days’ sales in inventory for each company for the three years shown.
3. Comment on and interpret your findings from parts 1 and 2. Assume an industry average for inventory turnover of5.

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Polaris Arctic Cat Current OneYear Two Years Current One Year Two Years ($ thousands) Year Prior Prior Prior ntory....298,042 $ 235,927 179315 61.478 $ 81,36 120,804 Cost of sales96.366 1460,926 1172668 363,142 367,492 480,441