Compute P&G's gross profit for each of the years 2015-2017. Explain why gross profit decreased in 2017.
What are P&G's primary revenue sources
Homework Answers
ANSWER
GROSS PROFIT=NET SALES-COST OF GOOD SOLD
2015 =$70749-$37056=$33693
2016=$65299-$32909=$32390
2017=$65058-$32535=$32523
GROSS PROFIT OF 2017 IS DECREASED IF WE LOOK AT 2015 GROSS PROFIT . IT IS DECREASED BECAUSE AS COMPARED TO 2015 IN 2017 THE COMPANY HAVE DONE LESS SALES . GROSS PROFIT DEPENDS ON TWO FACTORS ONE IS SALES AND ANOTHER ONE IS COST OF GOOD SOLD .
P&G PRIMARY SOURCES OF REVENUE COME FROM CONSUMER GOODS THAT ARE BABY CARE PRODUCT, FABRIC CARE PRODUCT , FEMININE CARE PRODUCT, GROOMING PRODUCT , HAIR CARE , HOME CARE , ORAL CARE, PERSONAL HEALTH CARE , SKIN AND PERSONAL CARE
Add Answer to:
Compute P&G's gross profit for each of the years 2015-2017.
Explain why gross profit decreased in...
Refer to P&G's 2019 financial statements and the accompanying notes to answer the following questions. a. What...
Refer to P&G's 2019 financial statements and the
accompanying notes to answer the following questions.
a. What cash outflow obligations related to the
repayment of long-term debt does P&G have over the next 5
years?
b. P&G indicates that it believes that it has the
ability to meet business requirements in the foreseeable future.
Prepare an assessment of its solvency using ratio
analysis
FINANCIAL HIGHLIGHTS (UNAUDITED) Amounts in billions, except per share amounts 2016 2019 2018 2017 2015 $67.7 $66.8 $65.1 $65.3...
Problem 2 On the following page, I have attached PG Company’s Consolidated Statements of Earnings for...
Problem 2
On the following page, I have attached PG Company’s Consolidated
Statements of Earnings for the 3 fiscal year’s ending June 30,
2019.
Required:Using the attached earnings statement, for each period
presented,
Compute the gross margin %
Note: Gross margin % = [(Net sales –
Cost of products sold)/Net sales] x 100
Compute the net profit margin on sales %
Note: Net profit margin % = (Net
earnings attributable to PG/Net sales) x 100
Considering the 3-year trend for...
2019 $ 67,684 34,768 19,084 8,345 5,487 509 220 871 Below is a financial statement of...
2019 $ 67,684 34,768 19,084 8,345 5,487 509 220 871 Below is a financial statement of Procter and Gamble: 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 intangibles impairment charges OPERATING INCOME Interest expense Interest income Other non-operating income/(expense), net EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES Income taxes on continuing operations NET EARNINGS FROM CONTINUING OPERATIONS NET EARNINGS FROM DISCONTINUED OPERATIONS...
Calculate the company's debt to total assets ratio (also called total debt ratio) for both the...
Calculate the company's debt to total assets ratio (also called total debt ratio) for both the recent year and the prior year. Show your computations. Write the textbook formula here: Recent year: Prior year: Explain what information this ratio provides (define), and what the results mean to this company. Use complete sentences and your own words. Compare the two, has the ratio improved? The Procter& Gamble Company 37 Consolidated Statements of Earnings 2018 2017 2016 NET SALES S 66,832 S...
Can you explain why cash and equity change when the company switches from LIFO to FIFO, and why there is no change or up...
Can you explain why cash and equity change
when the company switches from LIFO to FIFO, and why there is no
change or up by 121.2 in net income and why does it different from
the net income from Q3?
3. What would DuPont's net income for 2015 have been if it had been using FIFO to account for all of its inventories? In answering this question, please assume a 40% tax rate. Please use the net income attributable to...
2016 2017 $ 65,058 32,535 18,568 $ 65,299 32,909 18,949 13,441 579 182 Amounts in millions...
2016 2017 $ 65,058 32,535 18,568 $ 65,299 32,909 18,949 13,441 579 182 Amounts in millions except per share amounts; Years ended June 30 NET SALES Cost of products sold Selling, general and administrative expense Venezuela deconsolidation charge OPERATING INCOME Interest expense Interest income Other non-operating income/(expense), net EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES Income taxes on continuing operations NET EARNINGS FROM CONTINUING OPERATIONS NET EARNINGS/(LOSS) FROM DISCONTINUED OPERATIONS NET EARNINGS Less: Net earnings attributable to noncontrolling interests NET...
Don't know how to get the value in blue to get diluted EPS from each operation...
Don't know how to get the value in blue to get diluted EPS from
each operation
Delicious Subs Ltd. (DSL) was incorporated on January 1, 2021. Its capital structure includes 9,000 ordinary shares; 1,800, $60,2% cumulative preferred shares; and 3,500 options on ordinary shares with a strike price of $12. DSL's net income (loss) for the year ended December 31, 2021, was ($13,000), consisting of a profit from continuing operations of $40,000 and a loss from discontinued operations of ($53,000)....
Please show work as well if you can, thank you. . Appendix B Specimen Financial Statements:...
Please show work as well if you can, thank you.
. Appendix B Specimen Financial Statements: The Procter & Gamble Company Once each year, a corporation communicates to its stockholders and other interested parties by issuing a complete set of audited financial statements. The annual report, as this communication is called, summarizes the financial results of the company's operations for the year and its plans for the future. Many annual reports are attractive, multicolored, glossy public relations pieces, containing pictures...
Requirements: Calculate Common Size Income Statement, column down in grey. Please include excel reference formulas. -11...
Requirements: Calculate Common Size Income Statement, column down
in grey. Please include excel reference formulas.
-11 -AA == U.E.A.A. ESSE Percentage Wrap Text Merge Center - $ -% Number Conditional Formatas Cell Formatting Table - Styles Insert Delete com Alignment G Most recent financial Most recent financial Info Common Size Income Statement Info Income Statement [Abstract] Dec 31, 2017 Revenues Cost of Goods and Services Sold GROSS PROFIT Selling General and Administrative Expense Other Cost and Expense, Operating OPERATING INCOME...
Ivanhoe Corporation Ltd. has the following capital structure at the following fiscal years ended December 31: 2020 2019 Number of common shares 840,000 690,000 Number of non-convertible, non-cumulative preferred A shares 40,000 40,000 Amount of 4
Ivanhoe Corporation Ltd. has the following capital structure at the following fiscal years ended December 31:20202019Number of common shares840,000690,000Number of non-convertible, non-cumulative preferred A shares40,00040,000Amount of 4% convertible bonds$1,000,000$1,000,000The following additional information is available.1.On July 31, 2020, Ivanhoe Corporation exchanged common shares for a large piece of equipment. This was the only transaction that resulted in issuance of common shares in 2020.2.Income before discontinued operations for 2020 was $1,600,000, and a loss from discontinued operations of $320,000 was recorded, net of applicable tax recovery.3.During 2020,...
Refer to P&G's 2019 financial statements and the
accompanying notes to answer the following questions.
a. What cash outflow obligations related to the
repayment of long-term debt does P&G have over the next 5
years?
b. P&G indicates that it believes that it has the
ability to meet business requirements in the foreseeable future.
Prepare an assessment of its solvency using ratio
analysis
FINANCIAL HIGHLIGHTS (UNAUDITED) Amounts in billions, except per share amounts 2016 2019 2018 2017 2015 $67.7 $66.8 $65.1 $65.3...
Problem 2
On the following page, I have attached PG Company’s Consolidated
Statements of Earnings for the 3 fiscal year’s ending June 30,
2019.
Required:Using the attached earnings statement, for each period
presented,
Compute the gross margin %
Note: Gross margin % = [(Net sales –
Cost of products sold)/Net sales] x 100
Compute the net profit margin on sales %
Note: Net profit margin % = (Net
earnings attributable to PG/Net sales) x 100
Considering the 3-year trend for...
2019 $ 67,684 34,768 19,084 8,345 5,487 509 220 871 Below is a financial statement of Procter and Gamble: 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 intangibles impairment charges OPERATING INCOME Interest expense Interest income Other non-operating income/(expense), net EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES Income taxes on continuing operations NET EARNINGS FROM CONTINUING OPERATIONS NET EARNINGS FROM DISCONTINUED OPERATIONS...
Calculate the company's debt to total assets ratio (also called total debt ratio) for both the recent year and the prior year. Show your computations. Write the textbook formula here: Recent year: Prior year: Explain what information this ratio provides (define), and what the results mean to this company. Use complete sentences and your own words. Compare the two, has the ratio improved? The Procter& Gamble Company 37 Consolidated Statements of Earnings 2018 2017 2016 NET SALES S 66,832 S...
Can you explain why cash and equity change
when the company switches from LIFO to FIFO, and why there is no
change or up by 121.2 in net income and why does it different from
the net income from Q3?
3. What would DuPont's net income for 2015 have been if it had been using FIFO to account for all of its inventories? In answering this question, please assume a 40% tax rate. Please use the net income attributable to...
2016 2017 $ 65,058 32,535 18,568 $ 65,299 32,909 18,949 13,441 579 182 Amounts in millions except per share amounts; Years ended June 30 NET SALES Cost of products sold Selling, general and administrative expense Venezuela deconsolidation charge OPERATING INCOME Interest expense Interest income Other non-operating income/(expense), net EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES Income taxes on continuing operations NET EARNINGS FROM CONTINUING OPERATIONS NET EARNINGS/(LOSS) FROM DISCONTINUED OPERATIONS NET EARNINGS Less: Net earnings attributable to noncontrolling interests NET...
Don't know how to get the value in blue to get diluted EPS from
each operation
Delicious Subs Ltd. (DSL) was incorporated on January 1, 2021. Its capital structure includes 9,000 ordinary shares; 1,800, $60,2% cumulative preferred shares; and 3,500 options on ordinary shares with a strike price of $12. DSL's net income (loss) for the year ended December 31, 2021, was ($13,000), consisting of a profit from continuing operations of $40,000 and a loss from discontinued operations of ($53,000)....
Please show work as well if you can, thank you.
. Appendix B Specimen Financial Statements: The Procter & Gamble Company Once each year, a corporation communicates to its stockholders and other interested parties by issuing a complete set of audited financial statements. The annual report, as this communication is called, summarizes the financial results of the company's operations for the year and its plans for the future. Many annual reports are attractive, multicolored, glossy public relations pieces, containing pictures...
Requirements: Calculate Common Size Income Statement, column down
in grey. Please include excel reference formulas.
-11 -AA == U.E.A.A. ESSE Percentage Wrap Text Merge Center - $ -% Number Conditional Formatas Cell Formatting Table - Styles Insert Delete com Alignment G Most recent financial Most recent financial Info Common Size Income Statement Info Income Statement [Abstract] Dec 31, 2017 Revenues Cost of Goods and Services Sold GROSS PROFIT Selling General and Administrative Expense Other Cost and Expense, Operating OPERATING INCOME...
Most questions answered within 3 hours.
-
For the following reaction, 0.128 moles of
potassium hydrogen sulfateare mixed with
0.504 moles of potassium...
asked 1 hour ago -
1. What is the present value of $400, three years in the future
if the interest...
asked 1 hour ago -
The labor force minus the number of employed equals the number
of unemployed.
a. True
b....
asked 3 hours ago -
Determine the mass in units of grams [g] of 0.49 moles [mol]
of a new fictitious...
asked 4 hours ago -
A horizontal mass of M=5kg is on a spring and stretched to
x=0.5m when released from...
asked 5 hours ago -
26 of 50
"I have worked at the Arizona Humane Society for ten years, and
have...
asked 5 hours ago -
Compare and contrast zero based budgeting and incremental (or
base year) budgeting.
asked 5 hours ago -
4 pts 10. Which of the following hypothesis would be MOST
difficult to test experimentally? Group...
asked 5 hours ago -
A business owner makes 1,000 items a day. Each day he or she
contributes eight hours...
asked 5 hours ago -
A
circular loop in the plane of a paper lies inca0.65 T magnetic
field pointing into...
asked 6 hours ago -
A business owner is trying to decide whether to buy, rent, or
lease office space and...
asked 6 hours ago -
Thermal Storage Solar heating of a house is much more efficient
if there is a way...
asked 6 hours ago