The financial statements of Louis Vuitton are presented in Appendix F. The complete consolidated financial statements, including

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The financial statements of Louis Vuitton are presented in Appendix F. The complete consolidated financial statements, including the notes to the financial statements, are available at the company's website. Instructions Use the company's 2019 consolidated financial statements to answer the following questions. 

(EUR millions, except for earnings per share) Revenue Cost of sales Gross margin Marketing and selling

Consolidated Statement of Comprehensive Gains and Losses Notes (EUR millions) Net profit before minority

F-4 APPENDIX F Specimen Financial Statements: Louis Vuitton (EUR millions) Notes As of December 31, 2016


a. What were the total current liabilities for the company as of December 31, 2019? What portion of these current liabilities related to provisions? 

b. What are the company's accounting policies related to provisions?

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Accounting Principles

ISBN: 9781119707110

14th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Jill E. Mitchell

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