Question
If you could please post steps, too, please! I'm havign trouble figuring out how to do it. Thank you! At what average price were the
If you could please post steps, too, please! I'm havign trouble figuring out how to do it. Thank you!At what average price were the preferred shares converted? Round answer to two decimal places.
The company reported basic EPS of $1.12 for the year. The company's stock price on June 28, 2019 (the closest day before the fiscal year-end) was $87.72. Calculate the dividend payout ratio and dividend yield ratios.
Compute the company's market cap at June 28, 2019. Enter answer in millions. Round answer to the nearest million.
What is the market-to-book ratio on that day? Round answer to two decimal places.
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 (261) (160) (22) (443) Net earnings 3,118 55 3,173 Other comprehensive income (loss) 111 1 112 Dividends and dividend equivalents ($2.8975 per share) Common (5,805) (5,805) Preferred, net of tax benefits (210) (210) Treasury stock purchases (42,971) (4,002) (4,002) Employee stock plans 44,587 74 3,025 3,099 Preferred stock conversions 3,710 (31) 5 26 ESOP debt impacts 46 125 Noncontrolling interest, net (94) (292) Balance, June 30, 2019 2,503,419 $4,009 $936 $63,831 $(1,158) $(14,899) $(100,168) $95,663 $426 $48,640 79 (198)Step by Step Solution
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