The financial statements of P&G are presented in Appendix B. The Company’s complete annual report, including the notes to the financial statements, is available at P&G Annual Reports. Refer to P&G’s financial statements and the accompanying notes and answer the following questions:

1. What was P&G's 2017 short-term debt and related weighted-average interest rate on this debt?

2. What was P&G's 2017 working capital, acid-test ratio, and current ratio? Comment on P&G's liquidity.

3. What types of commitments and contingencies has P&G reported in its financial statements? What is management's reaction to these contingencies?

Answer rating: 100% (QA)

a PGs shortterm borrowings were 13554 at June 30 2017 in millions SHORTTERM DEBT In millions Cur... View the full answer