Financial Reporting Problem: The Procter Financial Reporting Problem: The Procter

Financial Reporting Problem: The Procter & Gamble Company $($P&G$)$

UYJ$13\mathrm{.}1$ 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 online.

Instructions

Refer to P&G$\text{'}$s $2020$ 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 liquidity, solvency, and financial flexibility using ratio analysis.