The disclosures contained within the notes of the financial statements for the year ending August 25, 2012 has been analyzed as given below. Winnebago Industries Inc is the leading manufacturer of recreation vehicles in Iowa, United States. The industry was founded in 1958 and since then has been a leading brand in the recreation vehicle industry. The company sells its products under the brand names of SunnyBrook, Winnebago, etc. The company also manufactures automobile parts which are sold to other manufacturers. Winnebago Industries Inc runs their business of selling the manufactured vehicles, motor homes and automobile parts through independent dealers. Due to this business model, the positions of cash and cash equivalents, receivables and inventories attain significance. The financial parameters indicated in the financial statements represent the consolidated positions of the Winnebago Industries Inc and its subsidiary, Winnebago of Indiana. The transaction between the company and its subsidiary have, however, been excluded from the financial statements.