Discussion 2: Analyze the Procter & Gamble Company

Discussion 2: Analyze the Procter & Gamble Company

Background
WileyPlus Appendices can be found in the WileyPlus eBook Appendices. Select Appendix B to view the Proctor & Gamble Financial Statements. Alternatively, you may search the web for the Proctor and Gamble 2020 10-K.

Instructions
To answer the following questions, refer to P&G's 2020 financial statements and the related information in the annual report.

What alternative formats could P&G have adopted for its balance sheet? Which format did it adopt?
Identify the various techniques of disclosure P&G might have used to disclose additional pertinent financial information. Which technique does it use in its financials?
What was P&G's cash flows from its operating, investing, and financing activities for 2020? What were its trends in net cash provided by operating activities over the period 2018 to 2020? Explain why the change in accounts payable and in accrued and other liabilities is added to net income to arrive at net cash provided by operating activities.