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
Use the company's 2013 annual report to answer the following questions.
(a) What was the company's profit margin for 2013? Has it increased or decreased from 2011?
(b) What was the company's operating profit for 2013?
(c) The company reported comprehensive income of €4,255 billion in 2013. What are the other comprehensive gains and losses recorded in 2013?
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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Financial and Managerial Accounting

ISBN: 978-1118334263

2nd edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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