Your answer is partially correct. Compute PSG's (1) current cash debt coverage, (2) cash debt coverage, and (3) free cash flow for 2017. (Round ratio values to 2 decimal places, es. 52.75.) The finauclal statements of PSG are presented in Appendix B. The company's complete annual report, including the notes to the financial statements, is avallable online. Click here toview Apgendix 8 . Refer to PGGs financial statements and the related information in the annual report to answer the following questions. (c2) Your answer is correct. How much working capital did PSG have on June 30, 2017 ? On June 30,2016 ? (Enter negative amounts using elther a negative sain precedine the number es. 45 or parentheses es. (45). Enter your answer in millions.) Consolidated Statements of Earnings Amounts in millions except per share amounts: Years ended June 30 NET SAI.FS Cost of products sold Selling, geoeral and aderinistrative eopense Yenemela deconsolidation charge OPERATTNG INCOME: Interest expense Interes income Orher non-operating income/(expense), net RARNINGS FROM CONTINLING OPERATTONS BEFOIE INCOME TAXES thenme taxes oe continuing operations NET EARNINGSFROS CONTTNUING OPERATIONS NET FARNINGS/(LOSS) FROM DISCONTINUED OPERATIONS NET EARNTNGS Low Net tarnings attributablo to noneoatrolling interests NHT EARNINGS ATTRIBUTABLETO PROCTER \& GAMBLE BASIC NET EARNINGS PER COMMON SHARE! (1) Farnings from cutstinuinc operstioes Harniove/(ins) fram discontimucd operations BASIC NET EAKNINGS PER COMMON SHARE DILUTWD NET EARNINGS PER COMMON SHARE Farnings frum contisultg operations Parmines(loos) from decontinued operations DIUUTD NET EARNINGS PEA COMMOON SIIARE DIVIDENDS I'K COMMON SHARE Consolidated Statements of Comprehensive Income Amuants in millions: Years vnded June 30 Amsounts in milliens Years chaled Junego NET EARNINGS THER COMIREIRA:IVZ INCONIY/(LOSV), NET OHTAX Fieancial statemeat irindminon Unrealied gains(lorsa) on irrestmest scurities (net of 5(6).57 and 50 tax, feepectively) Unrealived gains/toses) on defined beheft ndiremont plans (nd of $551,3(623) and 3328 tax, reppectively) TOTAL OTHBR COMTRZHI NSIVE INCOME/(LOSS), NIT O1 TAX TOTAL. COMIRREHENSIVETNCOME Lecs Total congecheasive income atribatable to noncontrolling intereits TOTAL. COMRRIAHENSVE INCOML ATIRIBUTABUITO PROCTYK \& GAMBI. Consolidated Ialanee Shects Amsents in millionsi As of June 30 Asinets CURERINT ASStIS Cash atd earh equiralents Available-for-nale imestmrnt securities. Acrounta receivablin INVISTORIIS Materialt and apphiss Work in procoss Finiehed groodi Total inventoreis Beferred incusue taus Prepaid epenis and other current awots Curneat aneti beld for ale TOTALCUKRUNT ASskis PHOHFRTY, MLAKT AND EQUHPMENT, NET crotorowIIL TADTMARKS AXD OTHL: INTANGIBLA ASSITS, NET OTHER NONCURBENT ASSITS TOTAL.ASSEIS Hahilities and shureludelers' Vonuity 1. habilities and shareholders' Vquity. CURRIENT LAAEIITIES Accuants payahle Acroed and other labblities Curreat liabilies held for sale Dobt dow within ane your TOTAL, CURRENT HABIUITIES LONG-THEM DERT DEFERRED INCOMIE TAXES OTIIR NONCURRENT UABILTTES TOIAL. HABIITIIS SHAREHOLDERS YQUTY Converible Claw A proferred stock, satated value S1 per share (6oo shares authorizd) Non. Yoting Class B proferred sock, nated value $1 per share ( 200 sharer authorived) Additional pati-in capital Reserve lar Hsos dobe fotirisnent Accuminated other compertheneive income/(loss) Trraeiry stock, at eost (Whates heid: 2017-1,455.9, 2016 - 1,34t:2) Retained earning Noncontrdling inten-t 'FOHA SHARFHOHDER' FQUTY TOTAL. LIAEIIITIES AND SILAKEHOLDERES: EQUTTY Comsolidated statements of Shareholders' Fquity Amounts in millions: Years ended June 30 CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR OPERATING ACTIVITIES Net earnings Depreciation and amortization Loss on early extinguishment of debt Share-based compensation expense Deferred income taxes Gain on sale of assets Venezuela deconsolidation charge Goodwill and intangible asset impairment charges Change in accounts receivable Change in inventories Change in accounts payable, acerued and other liabilities Change in other operating assets and liabilities Other TOTAL. OPERATING ACTIVTTIES INVESTING ACTIVTTIES Capital expenditures Proceeds from asset sales Cash related to deconsolidated Venezucla operations Acquisitions, net of cash acquired $7,1022017$6,8362016$8,5482015 Purchases of short-term investments Proceeds from sales and maturities of short-term investments Pre-divestiture addition of restricted cash related to the Beauty Brands divestiture Cash transferred at closing related to the Beauty Brands divestiture Release of restricted cash upon closing of the Beauty Brands divestiture Cash transferred in Batteries divestiture Change in other investments TOTAL INVESTING ACTIVITIES FINANCING ACTIVITIES \begin{tabular}{rrr} 15,411 & 10,604 & 7,144 \\ 2,820 & 3,078 & 3,134 \\ 543 & & \\ 351 & 335 & 337 \\ (601) & (815) & (803) \\ (5,490) & (41) & (766) \\ & & 2,028 \\ & 450 & 2,174 \\ (322) & 35 & 349 \\ 71 & 116 & 313 \\ (149) & 1,285 & 928 \\ (43) & 204 & (976) \\ 162 & 184 & 746 \\ \hline 12,753 & 15,435 & 14,608 \\ \hline \end{tabular} Dividends to shareholders Change in short-term debt Additions to long-term debt \begin{tabular}{rcr} (3,384) & (3,314) & (3,736) \\ 571 & 432 & 4,498 \\ & & (908) \\ (16) & (186) & (137) \\ (4,843) & (2,815) & (3,647) \\ 1,488 & 1,354 & 1,203 \\ (874) & (996) & \\ (475) & & \\ 1,870 & & \\ & (143) & \\ (26) & 93 & (163) \\ \hline(5,689) & (5,575) & (2,890) \\ \hline \end{tabular} (7,236)2,7273,603(7,436)(418)3,916(7,287)(2,580)2,138 Proceeds from asset sales Cash related to deconsolidated Venezuela operations Acquisitions, net of cash acquired Purchases of short-term investments Proceeds from sales and maturities of short-term investments Predivestiture addition of restricted cash related to the Beauty Brands divestiture Cash transferred at closing related to the Beauty Brands divestiture Release of restricted cash upon closing of the Beauty Brands divestiture Cash transferred in Batteries divestiture Change in other investments TOTAL. INVESTING ACTIVITIES FINANCING ACTIVTTIES Dividends to shareholders Change in short-term debt Additions to long-term debt Reductions of long-term debt Treasury stock purchases Treasury stock from cash infused in Batteries divestiture Impact of stock options and other TOTAL FINANCING ACTIVITIES EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUTVALENTS CHANGE IN CASH AND CASH EQUIVALENTS CASH AND CASH EQUIVALENTS, END OF YEAR SUPPLEMENTAL DISCLOSURE Cash payments for interest Cash payment for income taxes Divestiture of Batteries business in exchange for shares of P&G stock (2) Assets acquired through non eash capital leases are immaterial for all periods. (1) Indudes $543 of costs related to carly extinguishment of debt. (2) Includes \$1,730 from canh infused into the Batteries business pursuant to the divestiture agreement (see Note 13). See accompanying Notes to Consolidated Financial Statements