1. Procter & Gamble Co.
   • Requirement 1: Calculate the Earnings per Share (EPS) for Procter & Gamble Co. using the following details:
     • Net Income: $3,000,000
     • Preferred Dividends: $500,000
     • Common Shares Outstanding: 1,000,000
2. Requirement 2: Prepare a horizontal analysis of Procter & Gamble Co.'s income statement comparing two recent years.
3. Requirement 3: Compute the Inventory Turnover Ratio for Procter & Gamble Co. using the formula: Inventory Turnover = Cost of Goods Sold / Average Inventory.
4. Requirement 4: Analyze Procter & Gamble Co.'s investment in research and development and its impact on innovation and profitability.

Requirement 5: Evaluate Procter & Gamble Co.'s return on equity (ROE) and its alignment with shareholder expectations