Key comparative information for Piaggio (www.piaggio.com), which manufactures two-, three- and four- wheel vehicles, and is Europe€™s leading manufacturer of motorcycles and scooters, follows.

Required
1. Compute the recent two years€™ cash flow on total assets ratio for Piaggio.
2. How does Piaggio€™s ratio compare to Polaris€™ and Arctic Cat€™s ratios from BTN 16-2?

Transcribed Image Text:

Current Year IYear Prior 122.541 1,520,184 1.545.7221.564,820 (Euro in thousands) 2Years Prior Operating cash flows 55,624 123,237