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Author Question: Polaris Industries is forecasting its financial statements for Year 6. Selected financial ... (Read 83 times)

biggirl4568

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on: Apr 25, 2021

Question 1

Polaris Industries is forecasting its financial statements for Year 6. Selected financial information for Years 5 and 6 is provided in the table. What is the forecasted Cost of Goods Sold in Year 3?

Selected Financial Information
Polaris Industries Inc. ($000s)
​Year 5Forecast Year 6
Sales$1,908,459$1,803,493
COGS1,454,374​

◦ $1,368,500
◦ $1,367,500
◦ $1,369,350
◦ $1,374,383
◦ $1,375,450

Question 2

Polaris Industries is forecasting its financial statements for Year 6. Selected financial information for Year 5 is provided in the table. In Year 6 Polaris Industries is planning to invest $50 million in CAPEX. The average depreciation rate is 12%. What is the forecasted depreciation expense in Year 6?

Selected Financial Information
Polaris Industries Inc. ($000s)
​Year 5
PP&E222,336
Depreciation28,632 
CAPEX30,000

◦ $26,844
◦ $26,824
◦ $30,280
◦ $31,624
◦ $32,680
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by biggirl4568 on Apr 25, 2021

komodo7

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Reply #1 on: Apr 25, 2021
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biggirl4568

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Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review

cdmart10

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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