Assume Polaris invested $2.12 million to expand its manufacturing capacity. Assume that these projects have a ten-year life and that management requires a 10% internal rate of return on these assets.What is the amount of annual cash flows that Polaris must earn from these projects to have a 10% internal rate of return? (Hint: Identify the ten-period 10% factor from the present value of an annuity table and then divide $2.12 million by the factor to get the annual required cash flows.)Assess Polaris’s most recent annual financial statements from its website (.polaris.com/”>polaris.com (Links to an external site.)) or the SEC’s website (.sec.gov/”>sec.gov (Links to an external site.)).a. Determine the amount that Polaris invested in capital assets for that year. (Hint: Refer to the statement of cash flows).b. Assume a ten-year life and a 10% internal rate of return. What is the amount of cash flows that Polaris must earn on these new projects?Your response to the Case Study will be graded based upon the Case Study Rubric.Submit a document containing your case study as an attachment utilizing the Activity link above. Include your surname module number and title of the assignment in the document name (e.g. surname_M9_CaseStudy).Rubricmgmt-ug_case_study_rubric_v2_2013mgmt-ug_case_study_rubric_v2_2013CriteriaRatingsPtsIdentification and Analysis of the Main Issues/Problem(Excellent – A) Identifies and understands all of the main issues in the case study. Insightful and thorough analysis of all the issues.25 pts(Above-Average – B) Identifies and understands most of the main issues in the case study. Thorough analysis of most of the issues.23 pts(Average – C) Identifies and understands some of the issues in the case study. Superficial analysis of some of the issues in the case.21 pts(Near-Failing – D) Identifies and understands few of the issues in case study. Incomplete analysis of the issues.19 pts(Failing – F) Identifies and understands very little of the issues in case study. No analysis of the issues.17 pts25 ptsAnswers to Case Study Questions(Excellent – A) Answers to case study questions are clear throughout. Connection with class and study material goes well beyond the obvious connections among ideas; demonstrates insight and original thinking.20 pts(Above-Average – B) Answers to case study questions present some irrelevant information on topic etc. but very little; treatment goes beyond obvious connections with class and study material.18 pts(Average – C) Answers to case study questions are vague in places; some irrelevant or distracting information.16 pts(Near-Failing – D) Answers to case study questions are unclear and/or confusing. Treatment is very superficial; paper may be well written but says nothing.14 pts(Failing – F) Does not address the case study questions. Treatment is very superficial and says very little.12 pts20 ptsComments on effective solutions/strategies(Excellent – A) Well documented reasoned and pedagogically appropriate comments on solutions or proposals for solutions to all issues in the case study.20 pts(Above-Average – B) Appropriate well thought out comments about solutions or proposals for solutions to most of the issues in the case study.18 pts(Average – C) Superficial and/or inappropriate solutions to some of the issues in the case study.16 pts(Near-Failing – D) Little or no action suggested and/or inappropriate solutions to all of the issues in the case study.14 pts(Failing – F) Provided no feasible solutions or strategies to the issues in the case study.12 pts20 ptsLinks to Course Readings and Additional Research(Excellent – A) Excellent research into the issues with clearly documented links to class (and/or outside) readings.20 pts(Above-Average – B) Good research and documented links to the material read.18 pts(Average – C) Limited research and documented links to any readings.16 pts(Near-Failing – D) Incomplete research and links to any readings.14 pts(Failing – F) Provided no references or support of analysis.12 pts20 ptsStyle and Mechanics(Excellent – A) Chooses words for their precise meaning and uses an appropriate level of specificity. Sentence style fits audience and purpose. Sentences clearly structured and carefully focused. Almost entirely free of spelling punctuation and grammatical errors.15 pts(Above-Average – B) Generally uses words accurately and effectively but may be too general. Sentences generally clear structured and focused though some may be awkward or ineffective. May contain a few errors which may annoy the reader but not impede understanding.12 pts(Average – C) Uses relatively vague and general words may use some inappropriate language. Sentence’s structure generally correct but sentences may be wordy unfocused repetitive or confusing. Usually contains several mechanical errors which may temporarily confuse the reader but not impede the overall understanding.10 pts(Near-Failing – D) Tends to being vague and abstract or very personal and specific. Usually contains several awkward or ungrammatical sentences; sentence structure is simple or monotonous. Usually contains either many mechanical errors or a few important errors that block the reader’s understanding and ability to see connections between thoughts.8 pts(Failing – F) Misuse of words throughout. Awkward sentences throughout. Difficult to attach a thought process. Poorly punctuated misspelled words grammatically abusive.6 pts15 ptsTotal Points: 100
