Polaris Industries Is Forecasting Its Financial Statements for Year 6

question 18

Multiple Choice

Polaris Industries is forecasting its financial statements for Year 6. Selected financial information for Years 5 and 6 is provided in the table. What is the forecasted Cost of Goods Sold in Year 3? Selected Financial Information
Polaris Industries Inc. ($000s)
$$\begin{array} { | c | c | c | } \hline & \text { Year 5 } & \text { Forecast Year 6 } \\\hline \text { Sales } & \$ 1,908,459 & \$ 1,803,493 \\\hline \text { COGS } & 1,454,374 & \\\hline\end{array}$$

• A)$1,368,500
• B)$1,367,500
• C)$1,369,350
• D)$1,374,383
• E)$1,375,450

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