Refer to the financial statements of Polaris in appendix A in Artic Cat Inc. answer the following
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Question:
Refer to the financial statements of Polaris in appendix A in Artic Cat Inc. answer the following questions:
1. Compute times interest earned for fiscal year 2010 (to find income before interest expense and income taxes – add net income + provision for income taxes + interest expense).
2. Compute times interest earned for fiscal year 2009 (to find income before interest expense and income taxes – add net income + provision for income taxes + interest expense).
3. What is the total dollar amount of the five (5) accrued expenses listed under current liabilities for 2011?
Related Book For
Fundamental accounting principle
ISBN: 978-0078025587
21st edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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