User Account

All Pages

Why do you believe polaris includes these costs

Assignment Help Financial Accounting
Reference no: EM131171076

Question: BBA accounting

1. CLA 2 Comprehensive learning Assessment I - (CLOs covered :_4, 5, 6____)

BTN 20- 1 Polaris reports in notes to its financial statements that, in addition to its products sold, it includes the following costs (among others) in cost of sales: customer shipping and handling expenses, warranty expenses, and depreciation expense on assets used in manufacturing.

1. Why do you believe Polaris includes these costs in its cost of sales?

2. What effect does this cost accounting policy for its cost of sales have on Polaris'' financial statements and any analysis of those statements? Explain.

3. Access Polaris'' financial statements for the years after December 31, 2011, from its Website (Polaris. com) or the SEC''s EDGAR Website (sec. gov). Review its footnote relating to Organization and Significant Accounting Policies. Has Polaris'' changed its policy with respect to what costs are included in the cost of sales? Explain.

Verified Expert

"The assignment is about deciphering the different cost accounting concepts being used by Polaris in their financial statement and the same can be justified. the paper is prepared in Microsoft word with APA referencing".

Reference no: EM131171076

Questions Cloud

Calculate consumer surplus from this transaction : Consider a person A, who is extremely thirsty. His maximum willingness to pay chart is given below. Glasses of water Maximum willingness to pay 1st glass $10 2st glass $6 3st glass $3 4st glass $1 From his fifth glass onwards, A is not willing to pay..
Calculate the error in the particle concentration : Calculate the error in the particle concentration as a result of the sampling process.
What evidence convinced most scientists to accept the theory : What evidence convinced most scientists to accept the theory of plate tectonics? What causes the 'Ring of Fire,' which borders much of the Pacific Ocean? What is the force that moves continents and tectonic plates?
Examine relevant consumer behavior for your target market : Develop a branding strategy for your product that covers the brand name, logo, slogan, and at least one (1) brand extension. Assemble a marketing strategy for your product, and determine an appropriate time table to implement your plan). Provid..
Why do you believe polaris includes these costs : Why do you believe Polaris includes these costs in its cost of sales and what effect does this cost accounting policy for its cost of sales have on Polaris'' financial statements and any analysis of those statements?
Analyze the macroeconomic environment : Describe and analyze the macroeconomic environment. Explaining the economic performance from the data. Explaining what you see in your series. What is the economic growth during 2003-2013 ? What is the role of the series that you collected (in point ..
Write a counterintelligence case study : You must write a counterintelligence case study, approximately 750 words in length, on one of the major espionage cases.
Explain why writing reports in law enforcement so important : Why is writing reports in law enforcement so important? Please provide examples to support your answer. Is it important to provide the opinion of the reporting police officer in a report? Why?
What other strategies or leadership skills might you use : What other tools/strategies or leadership skills might you use? What cultural competencies might you draw upon to help you engage families in this process? How might you persuade other organizations to help encourage family participation?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd