Question: Key figures for Polaris and Arctic Cat
Key figures for Polaris and Arctic Cat follow.
Required1. 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 as inventory?
Transcribed Image Text:
($ thousands) Polaris Arctic Cat Cash and equivalents $ 325.336 $ 14,700 Accounts receivable, net TI5,302 23,732 Inventories 298,042 61,478 Retained earnings 321,831 177,493 Cost of sales 1,916,366 363,142 Revenues 2,656,949 464,651 Total assets 1,228,024 272,906
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