Locate the December 31, 2018, consolidated financial statements for Carrefour Group, theFrench retail company and the second largest retailer in the world, at www.carrefour.com/ financial-information/releases?plink=4472&link=1785.

Required:

1. What types of financial information is contained in the consolidated financial statements?

2. How does the information contained in the consolidated financial statements differ fromthat contained in Carrefour’s annual report (see www.carrefour.com/sites/default/files/carrefour_-_ 2017_annual_report.pdf)?

3. What country’s GAAP rules does Carrefour follow in preparing its financial statements?

4. How does Carrefour’s statement of financial position (balance sheet) differ from those of U.S. companies?