Refer to the statement of financial position for Daimler AG as shown on pages A-10-A-11.
Required
1. What is the currency used in preparing this statement?
2. Identify at least three differences in the format of the statement compared to what would normally be seen on a statement of financial position for a U.S. company.
3. Refer to the Equity section of the statement. What account titles would normally be used in the United States for the first two items in this section?