Polaris Industries produces a wide range of outdoor leisure ...

[daltonest1984]

Polaris Industries produces a wide range of outdoor leisure vehicles including all-terrain vehicles (ATV's), motorcycles, and snowmobiles. Forecast the financial statements for Polaris for Year 6. Use the percent of sales method based on Year 5 and the assumptions listed below. Please note the ratios to sales provided in the table which are useful for making the forecast.
Sales decline by 5.5%. The cost of debt is 11.76%. The tax rate is 31%. The depreciation rate is 12%. CAPEX is $28,360. The following accounts are held constant: Goodwill, Long-term debt, and Common Stock. Cash is the PLUG account. No dividends.
Forecast the financial statements for Polaris. What is the change in the cash account from Year 5 to Year 6?

Polaris Industries Inc.

Income Statement and Balance Sheet

As of December 31, Year 5 ($000s)

​	Year 5	Ratios	Forecast
Revenue	$1,908,459	​	$1,803,494
COGS	1,454,374	0.762067	​
SG&A	213,114	0.111668	​
Dep. Exp.	28,632	​	​
EBIT	212,339	​	​
Int. Exp.	4,713	​	​
Income Before Tax	207,626	​	​
Income Taxes	64,348	​	​
Net Income	$143,278	​	​
ASSETS	​	​	​
Cash	$19,675	​	​
Accounts Receivable	354,313	0.185654	​
Total current assets	373,988	​	​
PP&E	222,336	​	​
Goodwill	172,632	​	172,632
Total Assets	$768,956	​	​
LIABILITIES AND OWNERS EQUITY	​	​	​
Total Current Liabilities	381,299	0.199794	​
Long Term Debt	18,000	​	18,000
Total Liabilities	$399,299	​	​
Owners Equity	​	​	​
Common Stock	417	​	417
Retained Earnings	369,240	​	​
Total Owners Equity	369,657	​	​
Total Liabilities and Owners Equity	$768,956	​

◦ -$132.146 million
◦ $135.146 million
◦ $139.157 million
◦ $146.187 million
◦ $154.821 million

[rosiehomeworddo]

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[daltonest1984]

Wow, this really help

[abro1885]

Thanks for the timely response, appreciate it