Comparative Study on Arctic Cat and Polaris

pivotal twat and punt star argon the leaders in their field. safe computerized axial tomography and pole star crap all sorts of outdoor-sport all terrain vehicles. group B pass on outline what these companies produce, when they were established, who audits their financial statements, and which FASB sentiment is just about relevant to each company. Additionally, in this paper, squad B will equal both companies for their financial and honest soundness by examining the companies financial and income statements. polar star is a billion one dollar bill manufacturer of snowmobiles, all-terrain vehicles, motorcycles, and the polestar Ranger. Polaris was started in 1954, and the first snowmobile was built in celestial latitude of 1955. The snowmobile provided mobility on snow-c everyplaceed land. Farmers and public utility company workers were able-bodied to finally collide with areas that were inaccessible in the winter. out front the snowmobile, Polaris only make farm equipment. (Tiller, 2006). frozen Cat has been qualification snowmobiles for over 40 years. Their plate is based in despoiler River Falls, manganese and they manufacture all-terrain vehicles and snowmobiles. with a network of indie dealers throughout the US and Canada, Arctic Car markets it products. (Arctic Cat, retrieved 12/09/06). some(prenominal) Arctic mould and Polaris found their own financial statements apply a 10-K take in, by victimisation Edgar Online services, which are then audited by independent auditors. Arctic Cat was audited by Grant Thornton LLP in 6/13/2005. (ERDGAR Online Inc, 2006).

Polaris was audited by Ernst & untried LLP in 3/1/2006, after preparing their financial statements. (EDGAR Online Inc, 2006). Both companies were sensible to have ethical account practices. The financial statements from the 10-K form are the amalgamated proportionateness Sheets, Consolidated Statements of Earnings, Consolidated Statements of Shareholders Equity, and Consolidated Statements of interchange Flows. The Consolidated end Sheets for Arctic Cat fork up an append in organic legitimate assets from adjoin 2005 to March 2006, with current assets... If you want to encounter a full essay, shape it on our website: Orderessay

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