For the case analysis assignment in this course, we are using P&G's 2014 annual report as reference. The annual report can be found from the link below: https://www.sec.gov/Archives/edgar/data/80424/000008042414000057/fy201410kannualreport. htm Part II of the P&G case: Refer to the annual report or search from the Internet to answer the following questions. Related chapters: 19, 20, and 21. 1. What amounts relative to income taxes does P&G report in its: (a) 2014 income statement? (b) June 30, 2014, balance sheet? (c) 2014 cash flow statement? 2. P&G's income taxes in 2012, 2013, and 2014 were computed at what effective tax rates? (See the notes to the financial statements.) 3. How much of P&G's 2014 total income taxes was current tax expense, and how much was deferred tax expense? 4. What did P&G report as the significant components (the details) of its June 30, 2014, deferred tax assets and liabilities? 5. What kinds of pension plans does P&G provide to its employees? 6. What was P&G's pension expense for 2014, 2013, and 2012 related to its defined benefit plan? 7. What is the impact of P&G's pension plans for 2014 on its financial statements? (Refer to Note 9, choose the numbers you believe are important to report in this project.) 8. What information does P&G provide on the target allocation of its pension assets? (Compare the asset allocation for "Pensions and Other Retiree Benefits.") 9. What types of leases are used by P&G? Where in this 10-K is this information disclosed? 10. What amount of capital leases was reported by P&G in total and for less than one year? 11. What minimum annual rental commitments under all noncancelable leases at June 30, 2014, did P&G disclose? You can use the search function in your browser to search for the keywords in the questions for related information. Windows users can use "CTRL"+"F" shortcut, and MAC users can use "Command"+"F" shortcut. You can submit the assignment in any file formats: Word, Excel, PDF, or picture/scanned version of your hand-written answers. For the numbers that are not directly found from the annual report, i.e. requires calculation, please also show the calculation process in your submission For the case analysis assignment in this course, we are using P&G's 2014 annual report as reference. The annual report can be found from the link below: https://www.sec.gov/Archives/edgar/data/80424/000008042414000057/fy201410kannualreport. htm Part II of the P&G case: Refer to the annual report or search from the Internet to answer the following questions. Related chapters: 19, 20, and 21. 1. What amounts relative to income taxes does P&G report in its: (a) 2014 income statement? (b) June 30, 2014, balance sheet? (c) 2014 cash flow statement? 2. P&G's income taxes in 2012, 2013, and 2014 were computed at what effective tax rates? (See the notes to the financial statements.) 3. How much of P&G's 2014 total income taxes was current tax expense, and how much was deferred tax expense? 4. What did P&G report as the significant components (the details) of its June 30, 2014, deferred tax assets and liabilities? 5. What kinds of pension plans does P&G provide to its employees? 6. What was P&G's pension expense for 2014, 2013, and 2012 related to its defined benefit plan? 7. What is the impact of P&G's pension plans for 2014 on its financial statements? (Refer to Note 9, choose the numbers you believe are important to report in this project.) 8. What information does P&G provide on the target allocation of its pension assets? (Compare the asset allocation for "Pensions and Other Retiree Benefits.") 9. What types of leases are used by P&G? Where in this 10-K is this information disclosed? 10. What amount of capital leases was reported by P&G in total and for less than one year? 11. What minimum annual rental commitments under all noncancelable leases at June 30, 2014, did P&G disclose? You can use the search function in your browser to search for the keywords in the questions for related information. Windows users can use "CTRL"+"F" shortcut, and MAC users can use "Command"+"F" shortcut. You can submit the assignment in any file formats: Word, Excel, PDF, or picture/scanned version of your hand-written answers. For the numbers that are not directly found from the annual report, i.e. requires calculation, please also show the calculation process in your submission