The financial statements of Louis Vuitton are presented in Appendix F. Instructions for accessing and using the

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The financial statements of Louis Vuitton are presented in Appendix F. Instructions for accessing and using the company’s complete annual report, including the notes to its financial statements, are also provided in Appendix F.

Instructions
Describe in which statement each of the following items is reported, and the position in the statement (e.g., current asset).
(a) Other operating income and expense.
(b) Cash and cash equivalents.
(c) Trade accounts payable.
(d) Cost of net financial debt.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Accounting Principles

ISBN: 978-1118875056

12th edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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