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
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1 Piaggios current year debttoequity ratio in Euro thousands 1073966 446218 241 ...View the full answer
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Related Book For
Fundamental accounting principle
ISBN: 978-0078025587
21st edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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