Author Question: Polaris Industries is forecasting its financial statements for Year 6. Selected financial ... (Read 37 times)

biggirl4568 · **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 5	Forecast Year 6
Sales	$1,908,459	$1,803,493
COGS	1,454,374

◦ $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&E	222,336
Depreciation	28,632
CAPEX	30,000

◦ $26,844
◦ $26,824
◦ $30,280
◦ $31,624
◦ $32,680

komodo7 · **Reply #1 on:** Apr 25, 2021

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