Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

What number of diluted weighted-average common shares outstanding was used by P&G in computing earnings per share for 2014, 2013, and 2012? (Round answers to millions upto 1 decimal places, e.g. 125.5.)

(In millions)
201420132012
Weighted-average common shares


What was P&G’s diluted earnings per share in 2014, 2013, and 2012? (Round answers to 2 decimal places, e.g. 15.25.)

201420132012
Diluted earnings per share$$$

Refer to P&G’s financial statements

$ $$ 2014 83,062 42,460 25,314 Amounts in millions except per share amounts: Years ended June 30 NET SALES Cost of products2014 11,785 2013 11,402 2012 10,904 $$ $Amounts in millions; Years ended June 30 NET EARNINGS OTHER COMPREHENSIVE INCOME/(L2014 2013 $8,558 $5,947 2,128 6,386 6,508 Amounts in millions; June 30 Assets CURRENT ASSETS Cash and cash equivalents AvaiReserve for Accumulated Common Additional ESOP Other Non- Shares Common Preferred Paid-In Debt Comprehensive Treasury Retaine2014 5,947 2013 4,436 2012 2,768 $$ $11,785 3,141 360 10,904 3,204 (65) (154) 11,402 2.982 346 (307) (916) 308 (415) (225)  
 
 
 

Amounts in millions except per share amounts; Years ended June 30 NET SALES Cost of products sold Selling, general and administrative expense Goodwill and indefinite-lived intangible asset impairment charges OPERATING INCOME Interest expense Interest income Other non-operating income, net EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES Income taxes on continuing operations NET EARNINGS FROM CONTINUING OPERATIONS NET EARNINGS FROM DISCONTINUED OPERATIONS NET EARNINGS Less: Net earnings attributable to noncontrolling interests NET EARNINGS ATTRIBUTABLE TO PROCTER & GAMBLE BASIC NET EARNINGS PER COMMON SHARE"); Earnings from continuing operations Earnings from discontinued operations BASIC NET EARNINGS PER COMMON SHARE DILUTED NET EARNINGS PER COMMON SHARE () 2014 83,062 $ 42,460 25,314 15,288 709 100 206 14,885 3,178 11,707 14,692 3,391 11,301 101 78 11,785 142 11,402 90 $ 11,643 $ 11,312 4.16 $ 0.03 4.19 2013 82,581 $ 41,391 26,552 308 3.98 $ 0.03 4.01 2.45 $ 14,330 667 87 942 4.00 0.04 4.04 3.83 0.03 3.86 2.29 Earnings from continuing operations Earnings from discontinued operations DILUTED NET EARNINGS PER COMMON SHARE DIVIDENDS PER COMMON SHARE (1) Basic net earings per common share and diluted net earnings per common share are calculated on net earnings attributable to Procter & Gamble. $ $ $ $ 2012 82,006 41,411 25,984 1,576 13,035 769 77 185 12,528 3,378 9,150 1,754 10,904 148 10,756 3.18 0.64 3.82 3.06 0.60 3.66 2.14

Step by Step Solution

3.41 Rating (154 Votes )

There are 3 Steps involved in it

Step: 1

Here are the stepbystep workings 1 What number of diluted weightedaverage common shares outstanding ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting

Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones

10th Edition

324300980, 978-0324300987

More Books

Students also viewed these Accounting questions

Question

How is the NDAA used to shape defense policies indirectly?

Answered: 1 week ago