The financial statements of P&G are presented in Appendix B. The companys complete annual report, including the
Question:
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.
Instructions
Refer to P&G’s financial statements and the accompanying notes to answer the following questions.
a. What is the par or stated value of P&G’s preferred stock?
b. What is the par or stated value of P&G’s common stock?
c. What percentage of P&G’s authorized common stock was issued at June 30, 2017?
d. How many shares of common stock were outstanding at June 30, 2017, and June 30, 2016?
e. What was the dollar amount effect of the cash dividends on P&G’s stockholders’ equity?
f. What is P&G’s return on common stockholders’ equity for 2017 and 2016?
g. What is P&G’s payout ratio for 2017 and 2016?
h. What was the market price range (high/low) of P&G’s common stock during the quarter ended June 30, 2017?
Financial StatementsFinancial 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... Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...
Step by Step Answer:
Intermediate Accounting
ISBN: 978-1119503668
17th edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfiel