The financial statements of P&G are presented in Appendix B. The companys complete annual report, including the

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The financial statements of P&G are presented in Appendix B. The company’s complete annual report, including the notes to the financial statements, is available online.


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Refer to P&G’s financial statements and accompanying notes to answer the following questions.

a. Under P&G’s stock-based compensation plan, stock options are granted annually to key managers and directors.

1. How many options were granted during 2017 under the plan?

2. How many options were exercisable at June 30, 2017?

3. How many options were exercised in 2017, and what was the average price of those exercised?

4. What is the total stock-based compensation expense for stock options and the total compensation expense for restricted stock, restricted stock units (RSUs), and performance stock units (PSUs) for 2017, 2016, and 2015?

5. To what accounts are the proceeds from these option exercises credited?

6. What was the number of outstanding options at June 30, 2017, and at what average exercise price?

b. What number of diluted weighted-average common shares outstanding was used by P&G in computing earnings per share for 2017, 2016, and 2015? What was P&G’s diluted earnings per share in 2017, 2016, and 2015?

c. What other stock-based compensation plans does P&G have?

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Related Book For  book-img-for-question

Intermediate Accounting

ISBN: 978-1119503668

17th edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfiel

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