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The following information was given for PROCTER & GAMBLE CO (PG stock ticker symbol). All amounts are in millions. At June month end, 2014 2015
The following information was given for PROCTER & GAMBLE CO (PG stock ticker symbol). All amounts are in millions. At June month end, 2014 2015 Total assets $144,266.0 $129,495.0 Total liabilities $74,290.0 $66,445.0 Total equity $69,976.0 $63,050.0 . . . For the year ended June, 2014 2015 Sales $83,062.0 $76,279.0 Net income $11,643.0 $7,036.0 Compute the ROE (return on equity) for PROCTR & GM for the year 2015.
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