The financial statements of Marks and Spencer plc (M&S) are available at the book's companion website or can be accessed athttp://annualreport.marksandspencer.com. section dowmload , financial statements 2012

Instructions

Refer to M&S's financial statements and the accompanying notes to answer the following questions.

(a)	What alternative formats could M&S have adopted for its statement of financial position? Which format did it adopt?

(b)	Identify the various techniques of disclosure M&S might have used to disclose additional pertinent financial information. Which technique does it use in its financials?

(c)	In what classifications are M&S's investments reported? What valuation basis does M&S use to report its investments? How much working capital did M&S have on 31 March 2012? On 2 April 2011