Refer to Polaris financial statements in Appendix A to answer the following 1. Are Polaris financial statements

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Refer to Polaris’ financial statements in Appendix A to answer the following 1. Are Polaris’ financial statements consolidated? How can you tell?

2. What is Polaris’ comprehensive income for the year ended December 31, 2011?

3. Does Polaris have any foreign operations? How can you tell?

4. Compute Polaris’ return on total assets for the year ended December 31, 2011.

Fast Forward 5. Access Polaris’ annual report for a fiscal year ending after December 31, 2011, from either its Website (Polaris.coml or the SEC’s database (www.SEC.gov). Recompute Polaris’ return on total assets for the years subsequent to December 31, 2011.

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Fundamental Accounting Principles Volume 2

ISBN: 9780077716660

21st Edition

Authors: John Wild, Ken Shaw, Barbara Chiappetta

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