LOral reports the following income statement accounts for the year ended December 31, 2009 (euros in millions).
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L’Oréal reports the following income statement accounts for the year ended December 31, 2009 (euros in millions). Prepare the income statement for this company for the year ended December 31, 2009, following usual IFRSpractices.
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Net profit Finance costs.. Net sales Gross profit Other expense Cost of sales 676.I 2,471.0 609.2 ..12.3110 Selling. general and administrative expense .3,735.5 5,388.7 I794.9 Income tax expense 76.0 Profit before tax expense . 17.472.6 Research and development expense 30.6 Advertising and promotion expense 5.161.6
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0078110870
20th Edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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