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What type of income statement formate does p and g use

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Reference no: EM132671087

The financial statements of Procter & Gamble in available online either through the SEC website or the corporation's website. Access the financial statements for the fiscal year end June 30, 2020 answer the following questions:

Problem a. What type of income statement formate does P & G use?

Problem b. What are P & G's primary revenue sources?

Problem c. Why does P & G make a distinction between operating and nonoperating revenue?

Problem d. Compute P & G's gross profit ratio of each of the years presented the June 30, 2020 annual report. Did the gross profit ratio increase or decrease? Explain why.

Reference no: EM132671087

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