BMW Group, one of Europes largest manufacturers, reports the following income statement accounts for the year ended

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BMW Group, one of Europe’s largest manufacturers, reports the following income statement accounts for the year ended December 31, 2013 (euros in millions).

Revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . €68,821

Cost of sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54,276

Sales and administrative costs . . . . . . . . . . . . . . . . . . . 6,177

Other expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,487

Use this information to prepare BMW’s income statement for the year ended December 31, 2013

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Fundamental Accounting Principles

ISBN: 978-0077862275

22nd edition

Authors: John Wild, Ken Shaw, Barbara Chiappetta

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