L'Oréal reports the following income statement accounts for the year ended December 31, 2014 (euros in millions).
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Net profit.... Finance costs . Net sales 4,908.6 31.4 22,532.0 16,031.3 2,118.0 6,500.7 Income tax expense Profit before tax expense Research and development expense Selling, general and administrative expense Advertising and promotion expense. Finance income 1,111.0 6,019.6 760.6 4,821.1 6,558.9 Other income . Cost of sales
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Financial Accounting Information for Decisions
ISBN: 978-1259533006
8th edition
Authors: John J. Wild
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