Question
Air France-KLM (AF) a Franco-Dutch company, prepares its financial statements according to International Financial reporting standards.AF's financial statements and disclosure notes for the year ended
Air France-KLM (AF) a Franco-Dutch company, prepares its financial statements according to International Financial reporting standards.AF's financial statements and disclosure notes for the year ended December 31, 2019, are available under the finance link at the company's website (www.arifranceklm.com). This case addresses a variety of characteristics of financial statements prepared using IFRS, often comparing and contrasting those atrributes of statements prepared under US GAAP. Questions are grouped in parts according to various section of the textbook.
A1. what amount did AF report for the following items for the fiscal year ended December 31,2019
a. total revenue, income from current operations, net income or net loss (group part), total assets, total equity
what was AF's basic earning or loss per share for the year ended Dec. 31, 2019
what amount did AF report for total assets, total liabilities, and total equity in balance sheet? show that the basic accounting equation remains in balance
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