Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Refer to P&G's financial statements and the accompanying notes to answer the following questions. What alternative formats could P&G have adopted for its balance sheet?

Refer to P&G's financial statements and the accompanying notes to answer the following questions.

  1. What alternative formats could P&G have adopted for its balance sheet? Which format did it adopt?
  2. Identify the various techniques of disclosure P&G might have used to disclose additional pertinent financial information. Which technique does it use in its financials?
  3. In what classifications are P&G's investments reported? What valuation basis does P&G use to report its investments? How much working capital did P&G have on June 30, 2017? On June 30, 2016?
  4. What were P&G's cash flows from its operating activities, investing, and financing activities for 2017? What were its trends in net cash provided by operating activities over the period 2015-2017? Explain why the change in accounts payable and in accrued and other liabilities is added to net income to arrive at net cash provided by operating activities.
  5. Compute P&G's (1) current cash debt coverage, (2) cash debt coverage, and (3) free cash flow for 2017. What do these ratios indicate about P&G's financial condition?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Secret Language Of Money How To Make Smarter Financial Decisions And Live A Richer Life

Authors: David Krueger, John David Mann

1st Edition

0071623396,007171314X

More Books

Students also viewed these Finance questions