The financial statements of P&G ate presented in Appendix B. The company's complete annual report invluding the notes to the financial statements is available online. Refet to P&G's financial statements and the accompanying notes to answer the following questions.

Part 1

Under P&G's stock based compensation plan stock options are granted annually to key managers and directors.

1. How many options were granted during 2014 under the plan?

Options granted during 2014

2. How many options were exercisable at June 30, 2014?

Options exercisable at June 30, 2014

3. How many options were exercisable in 2014 and what was the average price of those exercised?

Options exercised in 2014

Average price $

4. What is the total stock based compensation expense for stock options and the total compensation expense for restricted stock, restricted stock units (RSUs), and performance stock units (PSUs) for 2014, 2013, and 2012?

2014 2013 2012

Total stock based compensation expense

Total compensation expense

5. To what account are the proceeds from these options exercises credited?

Option exercises credited

6. What was the number of outstanding options at June 30, 2014 and at ehat average exercise price?

Number of outstanding options

Average exercise price $

Part 2

What number of diluted weighted average common shares outstanding was used by P&G in computing earnings per share for 2014, 2013, and 2012?

2014 2013 2012

weighted average common shares

what was P&G's diluted earnings per share in 2014, 2013, and 2012?

2014 2013 2012

Diluted earnings per share