Reporting and Analyzing Stockholders' Equity 2013 2014 Chapter 11 1.6436.275 s millions except per share amounts) 6,658 253 $ 4.19 $4.01 244 $4.04 $3.86 Net earnings attributable to Procter& Gamble shareholders ....$11,643 $113 Common dividends . Preferred dividends Basic net earnings per common share. Diluted net earnings per common share Convertible class A preferred stock, stated value $1 per share.... Common stock, stated value $1 per share . .. Additional paid-in capital 1,111 4,009 1,137 4,009 63,538 Shareholders' equity: 63,911 84,990 80,197 (7,662) (7,499) (1.352) (1,340) Other.. $68,064 Shareholders' equity attributable to Procter & Gamble shareholders. $69,214 Compute the number of shares outstanding at the end of each fiscal year. Es number of shares outstanding during 2014. How do these two computations compare? Calculate the average cost per share of the shares held as treasury stock at the end of cal year In 201 million book val to the preferred shareholders 3.2 cost of $22 million. Prepare a jou timate the average a. b. each fis- 14, preferred shareholders elected ue) into common stoc to convert 3.2 million shares of preferred stock ($26 k. Rather than issue new shares, the company granted llion common shares held in treasury stock with a total rmal entry to illustrate how this transaction would have been c. comm P&G has no convertible debt outstanding. What could explain the reported diluted EPS? Calculate P&G's return on common equity (ROCE) for fiscal 2014. d. e. PI1-60. Analyzing and Interpreting Equity Accounts and Comprnl The 2012 and 2013 statements of stockhold with portions on Notr 11 Reporting and Analyzing Stockholders' Equity 2013 2014 Chapter 11 1.6436.275 s millions except per share amounts) 6,658 253 $ 4.19 $4.01 244 $4.04 $3.86 Net earnings attributable to Procter& Gamble shareholders ....$11,643 $113 Common dividends . Preferred dividends Basic net earnings per common share. Diluted net earnings per common share Convertible class A preferred stock, stated value $1 per share.... Common stock, stated value $1 per share . .. Additional paid-in capital 1,111 4,009 1,137 4,009 63,538 Shareholders' equity: 63,911 84,990 80,197 (7,662) (7,499) (1.352) (1,340) Other.. $68,064 Shareholders' equity attributable to Procter & Gamble shareholders. $69,214 Compute the number of shares outstanding at the end of each fiscal year. Es number of shares outstanding during 2014. How do these two computations compare? Calculate the average cost per share of the shares held as treasury stock at the end of cal year In 201 million book val to the preferred shareholders 3.2 cost of $22 million. Prepare a jou timate the average a. b. each fis- 14, preferred shareholders elected ue) into common stoc to convert 3.2 million shares of preferred stock ($26 k. Rather than issue new shares, the company granted llion common shares held in treasury stock with a total rmal entry to illustrate how this transaction would have been c. comm P&G has no convertible debt outstanding. What could explain the reported diluted EPS? Calculate P&G's return on common equity (ROCE) for fiscal 2014. d. e. PI1-60. Analyzing and Interpreting Equity Accounts and Comprnl The 2012 and 2013 statements of stockhold with portions on Notr 11
