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The financial statements of Procter & Gamble in available online either through the SEC website or the corporation's website. Access the financial statements for the
The financial statements of Procter & Gamble in available online either through the SEC website or the corporation's website. Access the financial statements for the fiscal year end June 30, 2019 answer the following questions: a. What type of income statement formate does P & G use? b. What are P & G's primary revenue sources? c. Why does P&G make a distinction between operating and nonoperating revenue? d. Compute P & G's gross profit ratio of each of the years presented the June 30, 2019 annual report. Did the gross profit ratio increase or decrease? Explain why
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