The financial statements of Louis Vuitton are presented in Appendix F. The complete annual report, including the

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The financial statements of Louis Vuitton are presented in Appendix F. The complete annual report, including the notes to its financial statements, is available at the company’s website.


Instructions
Use the company’s 2015 annual report to answer the following questions.
a. What was the company’s profit margin for 2015? Has it increased or decreased from 2014?
b. What was the company’s operating profit for 2015?
c. The company reported comprehensive income of €4,148 million in 2015. What are the other comprehensive gains and losses recorded in 2015?

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: 978-1119411482

13th edition

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

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