need free cash flow

Your answer is partially correct. Compute P&G's (1) current cash debt coverage, (2) cash debt coverage, and (3) free cash flow for 201 2 decimal places, e.g. 52.75.) Current Cash Debt Coverage 42 :1 Cash Debt Coverage 19 :1 Free cash flow $ 9369 e Textbook and Media The official SEC filing of the annual report is called a Form 10-K, which often omits the public relations pieces found in most standard annual reports. On the following pages, we present The Procter & Gamble Company (P&GY's financial statements taken from the company's 2017 Form 10-K. Consolidated Statements of Earnings Amounts in millions ereept per share amounts Years ended June 30 2017 2015 NET SALES $ 65,058 $.6.199 Cost of products sold 32.535 32,600 was Seiting, meral and administrative expense 18,568 18.99 Venezuela deconsolidation charge OPERATING INCOME 13.955 LOR Teterest expense 465 579 030 Interest income 171 18 14 as 440 Other non-operating income/expeet EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 13.257 Tocomes on continuing 3.063 3. NET EARNINGS FROM CONTINUING OPERATIONS 0.194 10.07 . NET EARNINGS/GLOSS) PROM DIN CONTINUED OPERATIONS 3,817 ST 15.411 NET EARNINGS 10. As Nitrite to contingat 15.95 NITHANINGS ATTRIBUTARLX TO PROCTER & GAMBLE MANICNICI EARNINGS PER COMMON SHARE . 3.79 3.50 30 Fami/doprint S. + MANIC NIET WARNINGS COMMON STARLIS DILUTED NEARNINGS PER COMMON SALE 3.69 1 340 . 1.00 Marin/ 1:59 DILUTEENITARNINGSPOL COMMON SHARE . 1.00 DIVIDENDS PER COMMON SILATE . 2017 wola 16.00 LO Consolidated States of Comprehensive Income Aments in milion Year ended Jun 30 NET EARNINGS OTHER COMPREHENSIVE INCOMELOS, NET OF TAX wtimentation T/) on the sand sotul espectively und 10.01 11.4 1 Consolidated Statements of Comprehensive Income Amesin million Years unde June 30 NET KARNINON OTHER COMPREHENSIVE INCOME/CLOSS), NET OF TAX Financial statement translation Unrealed gat/) coholpes et of $156). 6 and 8739 tax, respectively Unrealised gins/close) on investment securities (net of solby and Sots, mapectively) Unrealized pain/Cons) on defined benefit retirement planet of 5616) and $a mapectively) TOTAL OTHER COMPREHENSIVE INCOME/GLOSS). NET OF TAX TOTAL COMPREHENSIVE INCOME Lexi Total comprehensive contributable to controlling interest TOTAL COMPREHENSIVE INCOME ATTRIBUTABLE TO PROCTER & GAMBLE 299 (306) (89) 1.41 LAT 24 14 . #160 20 . Consolidated Balance Sheets Amountain millions of June 30 Assets CURRENT ASSETS Caaaalat) Available invece Able INVENTORIES Material and polies Worlo Finished Total 5.569 9.365 4.594 $19 4.614 4 . 494 83 44. Prepand others Carreras TOTAL CURRENT ASSETS PROPERTY, PLANTAND EQUIPMENT, NET GOODWILL THADEMARKS AND OTHER INTANGIRLE ANSETS, NET OTHER NONCURRENT ASSETS TOTAL ASSETS 5.13 .6 Liabilities and Shareholders' quity CURRENT LIANT CA C 3 9,633 7,084 7:49 2.43 30 210 11,098 10. 45 wid ins 6463 www Liabilities and Shareholders'Yquity CURRENT LIABILITIES Accounts payable Accrued and other liabilities Current liabilities held for sale Debt doe within one year TOTAL CURRENT LIABILITIES LONG-TERM DET DEFERRED INCOME TAXES OTHER NONCURRENT LIABILITIES TOTAL LIABILITIES SHAREHOLDERS' EQUITY Convertible Chus preferred stock, stated value per share (600 shareswathorised) Non-Voting Chas preferred stock, stated valest pur share on shares authorised) Common stock, wied value siper share 10.000 shares autressed shares woede on. 4.000.1016-4,0092) Additional pidin copil Reserve for dette Aed the comprehensiveme/dow) Try work at cost el 11456.9, 2016 - 1,341.a) batan Nooming TOTAL SAREMOLQUITY TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 4.000 63.643 1,000 8.14 0.00) s.com (146) (9.7 134 384 58.8 #406 Created Stements of sharebolders' Equity Common Share Dollars in millions bhare in the sands WANINILA, 2014 Aerumulated Other Total Additional Reserve for Comprehensive Non Share Common Preferred Paldin ESOP Debt Inteome/ Treasury Retained controlling holders No Capital Retirement stock Barung Talent ut () ( 10 74 Your answer is partially correct. Compute P&G's (1) current cash debt coverage, (2) cash debt coverage, and (3) free cash flow for 201 2 decimal places, e.g. 52.75.) Current Cash Debt Coverage 42 :1 Cash Debt Coverage 19 :1 Free cash flow $ 9369 e Textbook and Media The official SEC filing of the annual report is called a Form 10-K, which often omits the public relations pieces found in most standard annual reports. On the following pages, we present The Procter & Gamble Company (P&GY's financial statements taken from the company's 2017 Form 10-K. Consolidated Statements of Earnings Amounts in millions ereept per share amounts Years ended June 30 2017 2015 NET SALES $ 65,058 $.6.199 Cost of products sold 32.535 32,600 was Seiting, meral and administrative expense 18,568 18.99 Venezuela deconsolidation charge OPERATING INCOME 13.955 LOR Teterest expense 465 579 030 Interest income 171 18 14 as 440 Other non-operating income/expeet EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 13.257 Tocomes on continuing 3.063 3. NET EARNINGS FROM CONTINUING OPERATIONS 0.194 10.07 . NET EARNINGS/GLOSS) PROM DIN CONTINUED OPERATIONS 3,817 ST 15.411 NET EARNINGS 10. As Nitrite to contingat 15.95 NITHANINGS ATTRIBUTARLX TO PROCTER & GAMBLE MANICNICI EARNINGS PER COMMON SHARE . 3.79 3.50 30 Fami/doprint S. + MANIC NIET WARNINGS COMMON STARLIS DILUTED NEARNINGS PER COMMON SALE 3.69 1 340 . 1.00 Marin/ 1:59 DILUTEENITARNINGSPOL COMMON SHARE . 1.00 DIVIDENDS PER COMMON SILATE . 2017 wola 16.00 LO Consolidated States of Comprehensive Income Aments in milion Year ended Jun 30 NET EARNINGS OTHER COMPREHENSIVE INCOMELOS, NET OF TAX wtimentation T/) on the sand sotul espectively und 10.01 11.4 1 Consolidated Statements of Comprehensive Income Amesin million Years unde June 30 NET KARNINON OTHER COMPREHENSIVE INCOME/CLOSS), NET OF TAX Financial statement translation Unrealed gat/) coholpes et of $156). 6 and 8739 tax, respectively Unrealised gins/close) on investment securities (net of solby and Sots, mapectively) Unrealized pain/Cons) on defined benefit retirement planet of 5616) and $a mapectively) TOTAL OTHER COMPREHENSIVE INCOME/GLOSS). NET OF TAX TOTAL COMPREHENSIVE INCOME Lexi Total comprehensive contributable to controlling interest TOTAL COMPREHENSIVE INCOME ATTRIBUTABLE TO PROCTER & GAMBLE 299 (306) (89) 1.41 LAT 24 14 . #160 20 . Consolidated Balance Sheets Amountain millions of June 30 Assets CURRENT ASSETS Caaaalat) Available invece Able INVENTORIES Material and polies Worlo Finished Total 5.569 9.365 4.594 $19 4.614 4 . 494 83 44. Prepand others Carreras TOTAL CURRENT ASSETS PROPERTY, PLANTAND EQUIPMENT, NET GOODWILL THADEMARKS AND OTHER INTANGIRLE ANSETS, NET OTHER NONCURRENT ASSETS TOTAL ASSETS 5.13 .6 Liabilities and Shareholders' quity CURRENT LIANT CA C 3 9,633 7,084 7:49 2.43 30 210 11,098 10. 45 wid ins 6463 www Liabilities and Shareholders'Yquity CURRENT LIABILITIES Accounts payable Accrued and other liabilities Current liabilities held for sale Debt doe within one year TOTAL CURRENT LIABILITIES LONG-TERM DET DEFERRED INCOME TAXES OTHER NONCURRENT LIABILITIES TOTAL LIABILITIES SHAREHOLDERS' EQUITY Convertible Chus preferred stock, stated value per share (600 shareswathorised) Non-Voting Chas preferred stock, stated valest pur share on shares authorised) Common stock, wied value siper share 10.000 shares autressed shares woede on. 4.000.1016-4,0092) Additional pidin copil Reserve for dette Aed the comprehensiveme/dow) Try work at cost el 11456.9, 2016 - 1,341.a) batan Nooming TOTAL SAREMOLQUITY TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 4.000 63.643 1,000 8.14 0.00) s.com (146) (9.7 134 384 58.8 #406 Created Stements of sharebolders' Equity Common Share Dollars in millions bhare in the sands WANINILA, 2014 Aerumulated Other Total Additional Reserve for Comprehensive Non Share Common Preferred Paldin ESOP Debt Inteome/ Treasury Retained controlling holders No Capital Retirement stock Barung Talent ut () ( 10 74