CASE 3: SHAREHOLDER'S EQUITY AT P&G (SEE NEXT PAGE) A FINANCIAL WEBSITE CALCULATED THE BOOK VALUE PER SHARE OF P&G PER ULTIMO JUNE 2021 AND MARCH 2022 AS FOLLOWS. Procter & Gamble Co Book Value per Share Calculation Procter & Gamble Co's Book Value Per Share for the fiscal year that ended in Jun. 2021 is calculated as: Book Value Per Share (Total Stockholders Equity Preferred Stock) Shares Outstanding (EOP) (46,378 18.73 -870) / 2,430 Procter & Gamble Co's Book Value Per Share for the quarter that ended in Mar. 2022 is calculated as: Book Value Per Share (Total Stockholders Equity Preferred Stock) Shares Outstanding (EOP) / 2,399 (45,478 18.60 - 846) *For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. *For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency. Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company. Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book. CASE 3: P&G A) IF THE BALANCE SHEET EQUITY AND STATEMENT OF EQUITY IN THE 10Q WERE PRESENTED (SEE ATTACHED) EXPLAIN HOW THIS CALCULATION WAS MADE AND IF YOU AGREE WITH THIS CALCULATION: IF YOU DON'T AGREE EXPLAIN WHY. Liabilities and Shareholders' Equity CURRENT LIABILITIES Accounts payable Accrued and other liabilities Debt due within one year TOTAL CURRENT LIABILITIES LONG-TERM DEBT DEFERRED INCOME TAXES OTHER NONCURRENT LIABILITIES TOTAL LIABILITIES SHAREHOLDERS' EQUITY Preferred stock Common stock - shares issued - Additional paid-in capital Reserve for ESOP debt retirement Accumulated other comprehensive loss Treasury stock Retained earnings Noncontrolling interest TOTAL SHAREHOLDERS' EQUITY 14,175 $ 10,324 13,720 10,523 9,902 8,889 34,401 33,132 23,767 23,099 6.543 6.153 9,760 10,269 74,471 72,653 846 870 March 2022 4,009.2 June 2021 4,009.2 4,009 4,009 65,614 64,848 (916) (1,006) (13,448) (13,744) (122,272) (114,973) 111,645 268 45,746 106,374 276 46,654