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 annual report to answer the following questions.

(a) Did the company declare and pay any dividends for the year ended December 31, 2013?

(b) Compute the company’s return on ordinary shareholders’ equity for the year ended December 31, 2013.

(c) What was Louis Vuitton’s earnings per share for the year ended December 31, 2013?

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Accounting Principles

ISBN: 978-1118875056

12th edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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