The Gap, Inditex and H & M coming from the accounting environment and different laws. Although the H & M is a global business, they have been listed on the Stockholm stock market in Sweden and therefore use Reporting Standards (IFRS) international finance is EU approved to present the financial report of it in both English and Swedish. The financial statements are reported in the Swedish kronor, this money was to be used as functional currency of the company. Because the retail industry is less capital-intensive, most companies do not have any basis listed in foreign stock (Daniels, Radebaugh & Sullivan, 2015).Zara just be listed on the stock market of his country, Spain, including Madrid, Barcelona, Bilbao, Valencia, and automated quote system. Accordance with the list in the country, The Gap, founded in the USA in 1969, only to be listed on the New York Stock Exchange (NYSE) (Daniels, Radebaugh & Sullivan, 2015). 2015).
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