Assume you are the new global manager for Continental Cruise Ltd, which sails to popular European and Asian cities. You receive the quarterly profit and loss statement reports and notice that it is similar to the financial performance reports for external users.

i. What additional information would you require?

ii. Suggest a financial performance report format that would provide you with some of the information required in (i)

Answer rating: 100% (QA)

i Additional Information Needed by the New Global Manager While the standard profit and loss statement provides a good overview of a companys financial health as the new global manager for Continental ... View the full answer