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Following is the statement of shareholders' equity from the 1 0 - K for Procter & Gamble Company. Required a . How many shares of
Following is the statement of shareholders' equity from the for Procter & Gamble Company.
Required
a How many shares of common stock did Procter & Gamble issue when convertible Class A preferred stock was converted during the year?
At what average price were the preferred shares converted?
Note: Round price per share to two digits after the decimal, if applicable.
Did the company issue new previously unissued shares for the preferred share conversion?
b How many shares did the company issue for employee stock plans during the year?
At what average price were the common shares issued to employees?
Note: Round price per share to two digits after the decimal, if applicable.
Did the company issue new shares for the employee stock plans awards?
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