Accordance with international financial reporting standards

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Reference no: EM13893511

1.KTM (KTM.com) is a leading manufacturer of offroad and street motorcycles, and it competes to some extent with both Polari and Arctic Cat. Key financial figures for KTM follow.

Key Figure Euro in ThousandsAverage assets. . . . . . . . . . . . . . . . . . 465,550
Net income . . . . . . . . . . . . . . . . . . . . 20,818
Revenue . . . . . . . . . . . . . . . . . . . . . . . 526,801
Return on assets . . . . . . . . . . . . . . . . 4.5%
Figures prepared in accordance with International Financial Reporting Standards.

Required:
1. Identify any concerns you have in comparing KTM's income and revenue figures to those of Polaris and Arctic Cat (in BTN 1-2) for purposes of making business decisions.
2. Identify any concerns you have in comparing KTM's return on assets ratio to those of Polaris and Arctic Cat (computed for BTN 1-2) for purposes of making business decisions.

Reference no: EM13893511

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