ANSWER
As per the given question,
Company Selected:
The Procter &Gamble Company (One Procter & Gamble Plaza, Cincinnati, Ohio 45202)
Annual 10-K Report Accessed at: https://www.sec.gov/Archives/edgar/data/80424/000008042417000047/0000080424-17-000047-index.htm
Answer- 1:
Report is filed with SEC on August 7, 2017 and had been accepted on August 7, 2017. The report covers the period of fiscal year ended June 30, 2017 i.e. July 1, 2016 to June 30, 2017.
Answer- 2:
Procter & Gambler has divided its business into five major product lines:
Answer-3:
Procter & Gambler maintains the product related inventories on the First-In, First-Out (FIFO) method and inventory valuation shown in books of accounts at the lower of cost or market value.
Answer-4:
Consolidate balance sheet of the company show the inventory as:
Amount in Millions
Materials and Supplies |
1,308 |
Work in process |
529 |
Finished goods |
2,787 |
Total Inventories |
4,624 |
THANK YOU FOR THE QUESTION......KINDLY RATE....IT HELPS ME A LOT
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