1.Piaggio (www.Piaggio.com) manufactures two, three and fourwheel vehicles, and is Europe's leading manufacturer of motorcycles and scooters. The following selected information is available from Piaggio's financial statements.
.png)
Required:
1. Compute Piaggio's current ratio for both the current year and the prior year.
2. Comment on any change from the prior year to the current year for the currentratio.