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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Related Book For
Fundamental Accounting Principles
ISBN: 978-0077862275
22nd edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta
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