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

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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 the financial statements, are also provided in Appendix F.


Instructions

(a) What were the total current liabilities for the company as of December 31, 2013? What portion of these current liabilities related to provisions?

(b) What is the company’s accounting policies related to provisions?

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a The total current liabilities for Louis Vuitton as of December 31 2013 were 5 971 million Of these 1 679 million related to provisions b According t…View the full answer


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Related Book For  answer-question
Accounting Principles

Accounting Principles

ISBN: 978-1118875056

12th edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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Question Details
Chapter # 11- Current Liabilities and Payroll Accounting
Section: IFRS Exercises
Problem: 3
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Question Posted: April 23, 2020 04:55:42
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