Key figures for Polaris and Arctic Cat follow ($ thousands). Required 1. Compute the ratio of segment
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Required
1. Compute the ratio of segment revenue divided by segment assets for each of the segments of Polaris and Arctic Cat for each of the two most recent years shown. (We do not compute the segment return on assets as these companies did not report their segment income.)
2. Interpret and comment on your results of part1.
Transcribed Image Text:
Current Year One Year Prior Two Years Prior Segment Segment Segment Segment Segment Segrnent Polaris Segment Revenue Assets Revenue Assets Revenue Assets Domestic... $1,864,099 $957 497 $1,405,966 $873.183 $1074,228 $630.420 International 792,850 270,527 585,173 188.464 491.659 133.233 Current Year One Year Prior Two Years Prior Segment Segment Segment Segment Segment Segment Arctic Cat Segmen Revenue Assets Revenue Assets Revenue Assets Domestic International. .. $218,560 $271,163 $215.460 $244,020 $292,295 $248,625 2,540 246.091 1,743 235,268 2.064 271,318
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1 Polaris Current Year RevenueSegment Assets Domestic segment 1864099 957497 8731832 2037 Internatio...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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