Key figures for Polaris and Arctic Cat follow. Required 1. Compute common- size percents for each of
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Required
1. Compute common- size percents for each of the companies using the data provided. (Round percents to one decimal.)
2. Which company retains a higher portion of cumulative net income in the company?
3. Which company has a higher gross margin ratio on sales?
4. Which company holds a higher percent of its total assets asinventory?
Transcribed Image Text:
($ thousands) Polaris Arctic Cat Cash and equivalent Accounts receivable, ne Inventories Retained earnings Cost of sales . Revenues2656.949 5,302 298,042 321.831 1,916,366 $ 14,700 23,732 61,478 177.493 363,142 464,65 272,906 1,228,024
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1 Key figures thousands Polaris Arctic Cat Cash and equivalents 265 325336 54 ...View the full answer
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Related Book For
Fundamental accounting principle
ISBN: 978-0078025587
21st edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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