The French group Club Mditerrane is an active service provider in the leisure and hospitality field with,
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The 2008 annual report shows that the €˜Revenue €“ Villages€™ amounted to E1,484 millions.
Required
1. What is the format of the income statement? Justify your answer.
2. Prepare common-size statements on the basis of the income statement, as published by the company.
3. Restate the income statement and prepare common-size intermediate balances following the format of Figure 16.1. You could search for additional information in the annual reports of the company (www.clubmed-corporate.com/?lang=en).
4. Comment on these different statements from the point of view of a decision maker looking at the future.
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Related Book For
Financial Accounting and Reporting a Global Perspective
ISBN: 978-1408076866
4th edition
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
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