Examine the equity section of the company balance sheet

Assignment Help Accounting Basics

Reference no: EM131832712

Question: 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) Determine the following amounts at December 31, 2014:

(1) total equity,

(2) total revaluation reserve, and

(3) number of treasury shares.

(b) Examine the equity section of the company's balance sheet. For each of the following, provide the comparable label that would be used under GAAP:

(1) share capital,

(2) share premium, and

(3) net profit, group share.

(d) Compute the company's return on ordinary shareholders' equity for the year ended December 31, 2014.

(e) What was Louis Vuitton's earnings per share for the year ended December 31, 2014?

Reference no: EM131832712

Questions Cloud

What is the maximum allowable size for memory : A digital computer has a memory unit with 32 bits per word. What is the maximum allowable size for memory

What is more important for explaining the standard : What is more important for explaining the standard of living in the rich countries: capital or ideas?

When will people work harder to invent new ideas : When will people work harder to invent new ideas: when they can sell them to a market of 10,000 people or when they can sell them to a market of 1 billion?

Determine the size of the test : (a) Determine the size of the test. (b) Determine the power of the test if 1/7 of the chips are red, 2/7 are brown, and 4/7 are blue.

Examine the equity section of the company balance sheet : Examine the equity section of the company's balance sheet. For each of the following, provide the comparable label that would be used under GAAP.

Develop an algorithm for finding most frequently occurring : Develop an algorithm for finding the most frequently occurring value in an array of numbers. Use a sequence of coins.

Calculate the power of the test : Determine the most powerful test of size 0.01 and calculate the power of the test when HI is true.

Which countries are likely to grow faster : Which countries are likely to grow faster: countries doing "cutting-edge" growth or those doing "catching-up" growth?

Why have three advertising budgets : Communists believed that their system would be much more efficient than capitalism: They thought that competition between companies was wasteful.

User Account

All Pages