Volkswagen AG and Daimler AG, both based in Germany, are two of the largest automobile manufacturers in

Question:

Volkswagen AG and Daimler AG, both based in Germany, are two of the largest automobile manufacturers in the world. The following information was provided in each company’s 2016 annual report. 

Volkswagen AG 2016 Annual Report Intangible assets, property, plant and equipment, lease assets Sales revenue from and external investment customers* property* Germany 43,634 84,525 Europe/Other markets* 94,445 40,717 North America 35,454 23,958 South America 7,973 3,320 Asia-Pacific 35,761 3,064 Total 217,267 155,583 t Excluding Germany

* In millions of euros


Required: 

Calculate an index of multinationality based upon the geographical distribution of sales revenue and noncurrent assets (employee information is not available) to determine which of these two companies is more multinational. 

Distribution
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International Accounting

ISBN: 978-1260466539

5th edition

Authors: Timothy Doupnik, Mark Finn, Giorgio Gotti, Hector Perera

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