The financial statements of P G are presented in Appendix 5B or can be accessed at the books companion website, www wiley com college kieso Instructions Refer to these financial statements and the accompanying notes to answer the following questions (a) What was P Gs 2009 short term debt and relate...

a PGs shortterm borrowings were 16320 million at June 30 2009 SHORTTERM DEBT In millions 2009 Current portion of longterm debt 6941 Commercial paper 5027 Floating rate notes 4250 Other 102 Total short ...

The financial statements of P&G are presented in Appendix 5B or can be accessed at the books

Question:

The of P&G are presented in Appendix 5B or can be accessed at the book’s companion website, www.wiley.com/college/kieso.
Instructions
Refer to these and the accompanying notes to answer the following questions.
(a) What was P&G’s 2009 short-term debt and related weighted-average interest rate on this debt?
(b) What was P&G’s 2009 working capital, acid-test ratio, and current ratio? Comment on P&G’s liquidity.
(c) What types of commitments and contingencies has P&G’s reported in its What is management’s reaction to these contingencies?

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...