Based on the 10-K report for Harley Davidson, answer the following questions:

For the fiscal year, did the company have a cash inflow or outflow from investing activities? How much?

For the fiscal year, how much was the company's cash flow from operations? Why is this not the same amount as the company's operating income? Explain in general terms.

1. What is the company's revenue recognition policy? (Hint: Look in the notes to the financial statements.)
2. Calculate general, administrative, and selling expenses as a percentage of sales for the past three fiscal years. By what percentage did these expenses increase or decrease? This is calculated as Percentage Change = (Current Year % Prior Year %) / Prior Year %.
3. Compute the company's total asset turnover for the fiscal year and explain its meaning. Show all of your work.
4. How much is in the prepaid expenses and other current assets account at the end of fiscal year? Where did you find this information?

Attached is the 10-K report for Harley Davidson.

https://www.sec.gov/Archives/edgar/data/793952/000079395216000047/hog12-31x201510xk.htm