Analyzing and Interpreting Equity Accounts and Comprehensive Income

Following is the statement of shareholders equity from the 2019 10-K for Procter & Gamble Company.

Consolidated Statement of Stockholders' Equity
					Reserve	Accumulated
	Common			Additional	for ESOP	Other
	Shares	Common	Preferred	Paid-In	Debt	Comprehensive	Treasury	Retained	Noncontrolling
Dollars in millions; shares in thousands	Outstanding	Stock	Stock	Capital	Retirement	Income (Loss)	Stock	Earnings	Interest	Total
Balance, June 30, 2018	2,498,093	$4,009	$967	$63,846	$(1,204)	$(14,749)	$(99,217)	$98,641	$590	$52,883
Impact of adoption of new										-
accounting standards						(293)		(180)	(24)	(497)
Net earnings								3,507	62	3,569
Other comprehensive										-
income (loss)						125			1	126
Dividends and dividend equivalents										-
($2.8975 per share)										-
Common								(6,530)		(6,530)
Preferred, net of tax benefits								(237)		(237)
Treasury stock purchases	(48,343)						(4,503)			(4,503)
Employee stock plans	50,161			84			3,403			3,487
Preferred stock conversions	4,174		(35)	5			30			-
ESOP debt impacts					52			89		141
Noncontrolling interest, net	-	-	-	(106)	-	-	-	-	(223)	(329)
Balance, June 30, 2019	2,504,085	$4,009	$932	$63,829	$(1,152)	$(14,917)	$(100,287)	$95,290	$406	$48,110

a. How many shares of common stock did Procter & Gamble issue when convertible Class A preferred stock was converted during fiscal year ended June 30, 2019? ____ thousand

At what average price were the preferred shares converted? Round answer to two decimal places. $Answer

b. How many shares did the company issue for employee stock plans during the year? Answer _____thousand

At what average price were the common shares issued to employees? Round answer to two decimal places. $Answer

c. The company reported basic EPS of $1.26 for the year. The company's stock price on June 28, 2019 (the closest day before the fiscal year-end) was $98.69. Calculate the dividend payout ratio and dividend yield ratios. Round answers to one decimal place (example: 0.2345 = 23.5%).

Dividend payout ratio	Answer
Dividend yield	Answer

d. How many share of stock did PG repurchase during the year? Answer_____ thousand

At what average price per share? Round answer to two decimal places. $Answer

e. Compute the company's market cap at June 28, 2019. Enter answer in millions. Round answer to the nearest million. $Answer _____million

What is the market-to-book ratio on that day? Round answer to two decimal places. Answer