(Solution) - The financial statements of Louis Vuitton are presented in Appendix -(2025 Original AI-Free Solution)

Paper Details

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) According to the notes to the financial statements, what method or methods does the company use to depreciate "property, plant, and equipment?" What rate(s) does it use to depreciate property, plant, and equipment?
(b) Using the notes to the financial statements, identify the brands and trade names that are most significant to the company.
(c) Using the notes to the financial statements, determine
(1) The balance in Accumulated Amortization and Impairment for intangible assets (other than goodwill),
(2) The balance in Accumulated Depreciation for property, plant, and equipment. (Round your amounts to the nearest thousand.)