Maurice Tutor

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Teaching Since: May 2017
Last Sign in: 304 Weeks Ago
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Algebra Posted 29 Jul 2017 My Price 9.00

German footwear,

Income statement information for adidas Group, a German footwear, apparel, and accessories manufacturer, for the year ended December 31, 2009, follows. The company applies IFRS, as adopted by the European Union, and reports its results in millions of Euros. Prepare its calendar year 2009 (1) multiple-step income statement and (2) single-step income statement.

Net income

€ 245

Financial income

19

Financial expenses

169

Operating profit

508

Cost of sales

5,669

Income taxes

113

Income before taxes

358

Gross profit

4,712

Royalty and commission income

86

Other operating income

100

Other operating expenses

4,390

Net sales

10,381

 

Answers

Maurice Tutor
(5)
Status NEW Posted 29 Jul 2017 09:07 PM My Price 9.00

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