Question

Piaggio (Piaggio.com) manufactures two-, three- and four-wheel vehicles, and is Europe’s leading manufacturer of motorcycles and scooters.\

Required
1. Locate the notes to its December 31, 2011, financial statements at the company’s Website, and read note 2.2 Accounting Principles—Recognition of Revenues, first paragraph only. When is revenue recognized by Piaggio?
2. Refer to Piaggio’s financials in Appendix A. What is Piaggio’s profit margin for the year ended December 31, 2011?



$1.99
Sales0
Views104
Comments0
  • CreatedNovember 14, 2013
  • Files Included
Post your question
5000