Using proctor and gamble financial statements in appendix B, answer the questions A) 1 to 6 and B and C
Dudll 1-1.5-page letter explaining why the warrants are USING YOUR JUDGMENT Financial Reporting Problem The Procter & Gamble Company (P&G) The financial statements of P&G are presented in Appendix B. The company's complete annual report, including the notes to the financial statements, is available online. Instructions Refer to P&G's financial statements and accompanying notes to answer the following questions. (a) 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? (2) How many options were exercisable at June 30, 2014? (3) How many options were exercised in 2014, and what was the average price of those exercised? (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 (SUS) for 2014, 2013, and 2012? (5) To what accounts are the proceeds from these option exercises credited? (6) What was the number of outstanding options at June 30, 2014, and at what average exercise price? 878 Chapter 16 Dilutive Sorun 888 Chapter 16 Dilutive Securities and Earnings per Share ed by P&G in computing earnings per (b) What number of diluted weighted average common shares outstanding was used by share for 2014, 2013, and 2012? What was P&G's diluted earnings per share in 2014, 20 was P&G's diluted earnings per share in 2014, 2013, and 2012? (c) What other stock-based compensation plans does P&G have? here Dudll 1-1.5-page letter explaining why the warrants are USING YOUR JUDGMENT Financial Reporting Problem The Procter & Gamble Company (P&G) The financial statements of P&G are presented in Appendix B. The company's complete annual report, including the notes to the financial statements, is available online. Instructions Refer to P&G's financial statements and accompanying notes to answer the following questions. (a) 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? (2) How many options were exercisable at June 30, 2014? (3) How many options were exercised in 2014, and what was the average price of those exercised? (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 (SUS) for 2014, 2013, and 2012? (5) To what accounts are the proceeds from these option exercises credited? (6) What was the number of outstanding options at June 30, 2014, and at what average exercise price? 878 Chapter 16 Dilutive Sorun 888 Chapter 16 Dilutive Securities and Earnings per Share ed by P&G in computing earnings per (b) What number of diluted weighted average common shares outstanding was used by share for 2014, 2013, and 2012? What was P&G's diluted earnings per share in 2014, 20 was P&G's diluted earnings per share in 2014, 2013, and 2012? (c) What other stock-based compensation plans does P&G have? here
