Financial Reporting Problem

The Procter & Gamble Company(P&G)

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

Refer to P&G's financial statements and accompanying notes online to answers the following questions

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?

(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 shares outstanding was used by P&G in computing earnings per share for 2017 and 2016 ?

What was P&Gs diluted earnings per share in 2017 ,2016 and 2015?