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1 compute total asset turnover for the most recent two


Comparative figures for Polaris and Arctic Cat follow.

115_267-B-A-I-A (3572).png

Required: 

1. Compute total asset turnover for the most recent two years for Polaris and Arctic Cat using the data shown. 

2. Which company is more efficient in generating net sales given the total assets it employs? Assume an industry average of 1.0 for assetturnover. 

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Managerial Accounting: 1 compute total asset turnover for the most recent two
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