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Author Question: Polaris Industries is forecasting its financial statements for Year 6. Selected financial ... (Read 90 times)

Yi-Chen

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on: Apr 25, 2021
Polaris Industries is forecasting its financial statements for Year 6. Selected financial information for Year 5 is provided in the table. What is Retained Earnings for Year 6?

Selected Financial Information
Polaris Industries Inc. ($000s)
​Year 5Ratios
(to Sales)		Forecast
Year 6
Revenue$1,908,459 ​$1,803,494 
COGS1,454,3740.762067​
SG&A213,1140.111668​
Dep. Exp.28,632​30,084
EBIT212,339​​
Int. Exp.4,713​2,117
EBT207,626​​
Provision for Income taxes64,34831%*​
Net Income$143,278 ​​
Dividends​​$700
Retained Earnings$369,240​​
*Tax rate is a proportion of Earnings before Taxes.
◦ $ 503,447
◦ $ 504,147
◦ $ 534,137
◦ $ 534,837
◦ $ 607,556
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by Yi-Chen on Apr 25, 2021

huda

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Yi-Chen

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

LVPMS

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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