LOral reports the following income statement accounts for the year ended December 31, 2013 (euros in millions).
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L’Oréal reports the following income statement accounts for the year ended December 31, 2013 (euros in millions). Prepare the income statement for this company for the year ended December 31, 2013, following usual IFRS practices.
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Net profit Finance costs Net sales Gross profit Other income Cost of sales 2,961.4 29.I 22,976.6 16,374.8 145.2 6,601.8 Income tax expense Profit before tax expense·.. Research and development expense Selling, general and administrative Advertising and promotion expense.. Finance incomew.. .1,063.0 4,024.4 857.0 expense.4,756.8 6,886.2 33.5 . . . . .
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0077862275
22nd edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta
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