Piaggio (www.piaggio.com), Polaris, and Arctic Cat are competitors in the global market-place. Selected results from these companies
Question:
Piaggio (www.piaggio.com), Polaris, and Arctic Cat are competitors in the global market-place. Selected results from these companies follow.
Required
1. Compute Piaggio’s debt- to- equity ratios for the current year and the prior year.
2. Use the data provided and the ratios computed in part 1 to determine which company’s financing structure is leastrisky.
Transcribed Image Text:
Plaggio Polaris (S thousands) Arctk Cat ($ thousands) Current Prior (Euro thousands) Prior Year Key Figures Year Year Year Year Year Total assets... . 1,520.184 1545,722 $1.228,024 $1061,647 $272.906 $246.084 Total liabilitiesI,0 Total equity Debt-to-equity ratio 446,218 442,890 500,056 370.99 83,036 67339 0.47 1.46 1.86 0.49
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
1 Piaggios current year debttoequity ratio in Euro thousands 1073966 446218 241 ...View the full answer
Answered By
Ajeet Singh
Hi there! Are you looking for a committed, reliable, and enthusiastic tutor? Well, teaching and learning are more of a second nature to me, having been raised by parents who are both teachers. I have done plenty of studying and lots of learning on many exciting and challenging topics. All these experiences have influenced my decision to take on the teaching role in various capacities. As a tutor, I am looking forward to getting to understand your needs and helping you achieve your academic goals. I'm highly flexible and contactable. I am available to work on short notice since I only prefer to work with very small and select groups of students. Areas of interest: Business, accounting, Project management, sociology, technology, computers, English, linguistics, media, philosophy, political science, statistics, data science, Excel, psychology, art, history, health education, gender studies, cultural studies, ethics, religion. I am also decent with math(s) & Programming. If you have a project you think I can take on, please feel welcome to invite me, and I'm going to check it out!
5.00+
4+ Reviews
24+ Question Solved
Related Book For
Fundamental accounting principle
ISBN: 978-0078025587
21st edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
Question Posted:
Students also viewed these Accounting questions
-
Polaris and Arctic Cat are competitors in the sales of recreational and off-road vehicles. Compare these companies' income statements and answer the following. Required 1. Which company has a higher...
-
Piaggio, Polaris, and Arctic Cat are competitors in the global marketplace. Following are selected data from each company. Required 1. Compute Piaggios return on total assets, and its components of...
-
Piaggio, Polaris, and Arctic Cat are competitors in the global marketplace. Selected data for Piaggio follow. Required 1. Review the discussion of the importance of the cost of goods sold divided by...
-
Suppose you needed a material that could absorb heat without having its temperature increase very much. Would you choose aluminum or water? Make sure your explanation uses the concept of specific...
-
Consider the international currency experience for the Bretton Woods era from 1944 to the early 1970s. a. What type of exchange-rate system was the Bretton Woods system? How did it operate? b. What...
-
Why do we sometimes record a revenue or expense as a deferred item? Wouldn t it be easier to always record revenue to a revenue account and remove any unearned revenue at year - end?
-
Describe corporate ethics, the SarbanesOxley Act of 2002, and corporate compliance.
-
Refer to the information in Exercise 10-4. Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation.
-
What strategies can be employed to enhance visibility and traceability across global supply chains, ensuring compliance with stringent regulatory frameworks and mitigating risks associated with...
-
Write a pseudocode algorithm to input the height and width of a right-angled triangle and check that these values are positive and less than the maximum values given in question 1.
-
Kyle Smitley is the founder of barley & birch. Assume that her company currently has $250,000 in equity, and she is considering a $100,000 expansion to meet increased demand. The $100,000 expansion...
-
Adria Lopez has consulted with her local banker and is considering financing an expansion of her business by obtaining a long- term bank loan. Selected account balances at March 31, 2014, for Success...
-
True/False: When a ResultSet object is initially created, its cursor is pointing at the first row in the result set.
-
What is the difference between a cash offer and a rights offer for a seasoned equity offering?
-
Identify whether the following assets would be classified as current or non-current at the end of the reporting period. Explain your classification decision. a Cash and cash equivalents b Motor...
-
How can you decide the order of investment in a staged investment decision?
-
What is the average stock price reaction to an SEO?
-
List four types of corporate debt that are typically issued.
-
Which two elements in the fifth period violate the original periodic law as stated by Mendeleev?
-
An interest bearing promissory note for 90 days at 5.6% p.a. has a face value of $120,000. If the note is discounted 20 days after the issue date at a rate of 6.8% p.a., calculate the amount of...
-
Using the Web, find a set of CASE tools that support the UML. A couple of examples include Poseidon, Rational Rose, and Visual Paradigm. Find at least two more. Write a short report describing how...
-
What is the purpose of an input device? Give examples of input devices for computer systems.
-
What is the difference between data that are stored off-line and data that are stored online?
-
What purpose is served by the output devices of an accounting system?
-
What is one way in which a leader can apply the "Status" part of the SCARF model to trigger the "Reward" response?
-
Complete the table to assess risks and develop contingencies for resources you are planning for. Potential risks Planned Response Risk associated with the acquisition or implementation of the...
-
Assignment: persuasive essay for or against Andrew Jackson. In you essay answer the question "Was he a "people's president" or was he more like a king?" Documentary:...
Study smarter with the SolutionInn App