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Please illustrate how to get answer also. thank you. Question 5 Incorrect Mark 0.00 out of 1.00 Analyzing and Interpreting Equity Accounts and Comprehensive Income
Please illustrate how to get answer also. thank you.
Question 5 Incorrect Mark 0.00 out of 1.00 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 Common Shares Dollars in millions; shares in thousands Outstanding Balance, June 30, 2018 Impact of adoption of new accounting standards Net earnings Other comprehensive income (loss) Dividends and dividend equivalents ($2.8975 per share) Flag question Common Preferred, net of tax benefits Treasury stock purchases Employee stock plans Preferred stock conversions ESOP debt impacts Noncontrolling interest, net Balance, June 30, 2019 Common Preferred Stock 2,498,093 $4,009 Stock (53,714) 55,734 4,638 2,504,751 $4,009 $967 (39) Reserve Accumulated Additional for ESOP Other Paid-In Debt Comprehensive Treasury Retained Noncontrolling Capital Retirement Income (Loss) Stock Earnings Interest $63,846 $(1,204) $(14,749) $(99,217) $98,641 93 6 (118) $928 $63,827 58 $(1,146) (326) 139 (5,003) 3,781 33 (200) 3,897 (7,256) (263) 99 $(14,936) $(100,406) $94,918 Total $590 $52,883 (27) 69 1 (553) 3,966 140 - - (7,256) (263) (5,003) 3,874 157 (248) (366) $385 $47,579 a. How many shares of common stock did Procter & Gamble issue when convertible Class A preferred stock was converted during fiscal year ended June 30, 2019? 2,504 * thousand At what average price were the preferred shares converted? Round answer to two decimal places. 0 x b. How many shares did the company issue for employee stock plans during the year? 0 x thousand At what average price were the common shares issued to employees? Round answer to two decimal places. $0 x c. The company reported basic EPS of $1.40 for the year. The company's stock price on June 28, 2019 (the closest day before the fiscal year-end) was $109.65. Calculate the dividend payout ratio and dividend yield ratios. Round answers to one decimal place (example: 0.2345 = 23.5%). Dividend payout ratio Dividend yield 0% * 0% * d. How many share of stock did PG repurchase during the year? 0 * thousand At what average price per share? Round answer to two decimal places. $0 x e. Compute the company's market cap at June 28, 2019. Enter answer in millions. Round answer to the nearest million. $0 x million What is the market-to-book ratio on that day? Round answer to two decimal places. 0 x CheckStep by Step Solution
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