The financial statements of Louis Vuitton are presented in Appendix F. The complete annual report, including the

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The financial statements of Louis Vuitton are presented in Appendix F. The complete annual report, including the notes to the fi nancial statements, is available at the company’s website.


Instructions

a. What were the total current liabilities for the company as of December 31, 2015? What portion of these current liabilities related to provisions?

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

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Accounting Principles

ISBN: 978-1119411482

13th edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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