Polaris Industries is an American manufacturer of snowmobiles, ATV, and motorcycles. The motorcycles are manufactured through two subsidiaries, Victory Motorcycles and Indian Motorcycles. Although Polaris is based in Minneapolis, Minnesota, some assembly work is done in Mexico. Most comp are manufactured in Osceola, WI. Snowmobiles are assembled in Roseau, MN, while the victory and Indian motorcycle brands are assembled in Spirit Lake, IA, Answer the following questions from Polaris 2011 Financial Report. The purpose of this assignment is to familiarize you with a company's annual report and basic financial statement analysis. Where "net sales" are not available, just use the "sales figure. 1. What were Polaris's basic earnings (net income) per common share for the fiscal year ended December 31, 2011? 2. What was the value of sales for Polaris for the fiscal year ended December 31, 2011? 3. Calculate the profit margin ratio for the fiscal years ended December 31 2011 and December 2010 (show calculations). Formula: Net Income/Net Sales 2010 2011 Polaris Industries is an American manufacturer of snowmobiles, ATV, and motorcycles. The motorcycles are manufactured through two subsidiaries, Victory Motorcycles and Indian Motorcycles. Although Polaris is based in Minneapolis, Minnesota, some assembly work is done in Mexico. Most comp are manufactured in Osceola, WI. Snowmobiles are assembled in Roseau, MN, while the victory and Indian motorcycle brands are assembled in Spirit Lake, IA, Answer the following questions from Polaris 2011 Financial Report. The purpose of this assignment is to familiarize you with a company's annual report and basic financial statement analysis. Where "net sales" are not available, just use the "sales figure. 1. What were Polaris's basic earnings (net income) per common share for the fiscal year ended December 31, 2011? 2. What was the value of sales for Polaris for the fiscal year ended December 31, 2011? 3. Calculate the profit margin ratio for the fiscal years ended December 31 2011 and December 2010 (show calculations). Formula: Net Income/Net Sales 2010 2011