L'Oréal reports the following income statement accounts for the year ended December 31, 2014 (euros in millions).
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Net profit. Flnance costs Net sales Gross proft 1,111.0 一一· 6,019.6 760.6 4,821.1 6,558.9 42.3 4,908.6 Income tax expense. Profit before tax expense. Research and development expense 31.4 22,532.0 6,031.3 Seling. general and adminlstrative expense 2,118.0 6,500.7 Advertising and promotion expense. Flnance Income Cost of sales
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Related Book For
Fundamental Accounting Principles
ISBN: 978-1259536359
23rd edition
Authors: John Wild, Ken Shaw, Barbara Chiappett
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