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William Procter and James Gamble were business partners who started with a soap and candle business in 1837 that eventually grew into the largest and

William Procter and James Gamble were business partners who started with a soap and candle business in 1837 that eventually grew into the largest and most profitable consumer goods company in the world. They market and sell many brands that range from personal health care, laundry care, and paper products. Just a couple of some of the brands they sell are: Bounty, Tide, and Crest. Procter and Gamble also set environmental and social responsibilities with long-term vision and short-term goals. They have focused on three core areas: water, waste, and climate. They achieved their short-term goal of a 20% water reduction within their manufacturing sites. More than half the manufacturing sites are zero waste to landfill, and continually to look for ways to improve packaging to reduce waste and ensure it can be recycled. Procter and Gamble continue to seek strategies and reductions in greenhouse gas emissions by using less energy and less carbon intense raw materials. Social responsibilities include providing disaster relief, supporting hygiene education and encouraging healthy habits to prevent illness and improve confidence. The total revenue for Procter and Gamble has increased to $4.1 billion in 2015 from $2.7 billion in 2012. The gross profit is $3.7 billion with an operating income of $1.3 billion. Listed on their financial statement I found unusual expense of $2.04 billion in 2015 which was a huge increase from the negative $1.39 billion in 2012. Research and development increased from $62 million to $1.2 billion in 2015. Long-term investments increased to $632 in 2015 and short-term debt is $0. This shows that this company is in stable financial standing and a great investment opportunity for investors.

Provide your commentary regarding the above statement and what you think about Proctor and Gamble's financial position.

THank you for your help and prompt response.

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