Polaris and Arctic Cat compete in several on- road and off-road motorized vehicle categories. Sales, income, and

Question:

Polaris and Arctic Cat compete in several on- road and off-road motorized vehicle categories. Sales, income, and asset information is provided for each company below.

Required

1. Compute profit margin for each company.

2. Compute investment turnover for each company.

Analysis Component

3. Using your answers to the questions above, compare the companies' performance during the most recent year.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Fundamental accounting principle

ISBN: 978-0078025587

21st edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

See More Books

Question Posted: Nov 29, 2013 05:57 AM

See More Questions

Information is provided for Lucan Ltd. below. Required: Calculate cost of goods sold and ending inventory for Lucan Ltd., using the average cost and FIFO cost formulas. Assume Lucan uses a periodic...
The following information is provided for Techno-World, a company specializing in providing Internet technology assistance for clients: Perform a horizontal analysis of this balance sheet and...
Polaris and Arctic Cat sell several different products; most are profitable but some are not. Teams of employees in each company make advertising, investment, and product mix decisions. A certain...
Ava bought a house on 1 July 2000 for 62,000. She occupied the entire property as her PPR until 1 August 2007 when she began using one-quarter of the house for business purposes. This continued until...
You are a financial analyst employed at Clarington Quarry Works (CQW). CQW has a December 31 year-end. CQW's board of directors is considering a change to the company's executive compensation plan so...
What are some of the advantages and disadvantages of the four most common methods for gathering information for a systems survey? Which one(s) of them makes the most sense for your company, and...
If the probability of event A is p, then the odds that it will occur are given by the ratio of p to 1p. Odds are usually given as a ratio of two positive integers having no common factor, and if an...
Hinske Company had the following transactions during April. 1. Sold merchandise on account. 2. Purchased merchandise on account. 3. Collected cash from a sale to Renfro Company. 4. Recorded accrued...
An interest rate call option and put option based on a 90day underlying rate both have an exercise rate of 7.5% and expire in 180 days. The forward rate is 7.75% and the volatility is 0.045. The...
Tan Chin Company purchases a building for $11,300,000 on January 2, 2012. An engineers report shows that of the total purchase price, $11,000,000 should be allocated to the building (with a 40-year...
Review Polaris income statement in Appendix A and identify its revenues for the years ended December 31, 2011, December 31, 2010, and December 31, 2009. For the year ended December 31, 2011, Polaris...
Polaris, and Arctic Cat compete across the world in several markets. Required 1. Design a three-tier responsibility accounting organizational chart assuming that you have available internal...
Grypp Companys chart of accounts includes the following selected accounts. 101 ..........Cash 120 ..........Inventory 130 ..........Prepaid Insurance 157 ..........Equipment 201 ..........Accounts...
Your company has acquired the Chuck Wood's lumber mill. Along with the mill itself, they also got the mill's inventory. Your job is to estimate the humidity of the lumber by measuring 100 units....
The idea of a Universal Basic Income Guarantee (UBI) has become increasingly popular, and has generated a surprising amount of interest across the political spectrum. Under such a scheme, every...
Warrenia has two regions. In Oliviland, the marginal benefit associated with pollution cleanup is MB = 300 10Q, while in Linneland, the marginal benefit associated with pollution cleanup is MB = 200...
The private marginal benefit associated with a products consumption is PMB = 350 4Q and the private marginal cost associated with its production is PMC = 6Q. Furthermore, the marginal external...
From 1962 to 1964, federal spending on nondefense-related education and training rose from $1.31 billion to $1.61 billion, while from 2012 to 2014, it rose from $96.9 billion to $99.5 billion. Given...
Describe what happens when CaCl 2 (s) and NaNO 3 (s) are added to the same beaker of water. What, if anything, dissolves, and what, if anything, precipitates?
What does non-recourse financing mean?
Describe in very general terms the as-is business process for registering for classes at your university. What BPR technique would you use to identify improvements? With whom would you use the BPR...
Manufacturers such as Research In Motion, Apple, and Palm usually work to maintain a high-quality and low-cost operation. One ratio routinely computed for this assessment is the cost of goods sold...
This chapters opener featured Jeff Avallon, John Goscha and Morgen Newman and their company IdeaPaint. Required 1. How would a process cost summary differ between IdeaPaint and a competitor making...
Nokia, Research In Motion, Apple, and Palm are competitors in the global marketplace. Selected data for Nokia follow. Required 1. Review the discussion of the importance of the cost of goods sold...
The highest WACC is 11%, the baseline WACC is 7.4% and lowest WACCS is 2.8%. To derive a WACC that better accounts for extreme scenarios, you decide to assign the following probability weights: High-...
Give 2 examples of the ff: Statutory law Regulatory law Common law Include the title of each example and explain why you chose these examples ( 1 to 2 sentences ) . Note: Write your reference ( s )
The Adams family includes a financially well-informed couple, both aged 36, and two children aged 4 and 6. The family is financially sound but suffered badly during the tech meltdown in 2000. The...

Polaris and Arctic Cat compete in several on- road and off-road motorized vehicle categories. Sales, income, and

Question:

(in thousands) Polaris Arctic Cat 227.575 Invested assets, beginning of year...1061.647 1,228,024 $464.651 13,007 246,084 272.906

Step by Step Answer:

in thousands 1 Profit margin Net incomeSales Polaris 227575 2656949 86 Arcti...View the full answer

Fundamental accounting principle

Students also viewed these Managerial Accounting questions