Question: Need help to solve this problem Refer to P&Gs financial statements and the accompanying notes to answer the following questions. Under P&Gs stock-based compensation plan,
Need help to solve this problem Refer to P&Gs financial statements and the accompanying notes to answer the following questions.
Under P&Gs stock-based compensation plan, stock options are granted annually to key managers and directors. (1) How many options were granted during 2014 under the plan?
| Options granted during 2014 |
(2) How many options were exercisable at June 30, 2014?
| Options exerciseable at June 30, 2014 |
(3) How many options were exercised in 2014, and what was the average price of those exercised? (Round average price to 2 decimal places, e.g. 15.25.)
| Options exercised in 2014 | ||
| Average price | $ |
(4) What is the total stock-based compensation expense for stock options and the total compensation expense for restricted stock, restricted stock units (RSUs), and performance stock units (PSUs) for 2014, 2013, and 2012?
| 2014 | 2013 | 2012 | ||||
| Total stock-based compensation expense | $ | $ | $ | |||
| Total compensation expense | $ | $ | $ |
(5) To what accounts are the proceeds from these option exercises credited?
| Option exercises credited | Paid-in-capital in Excess of ParCommon StockDiscount on Bonds PayableCashCommon Stock and Additional Paid-in CapitalBonds Payable |
(6) What was the number of outstanding options at June 30, 2014, and at what average exercise price? (Round average price to 2 decimal places, e.g. 15.25.)
| Number of outstanding options | ||
| Average exercise price | $ |
Part 2
What number of diluted weighted-average common shares outstanding was used by P&G in computing earnings per share for 2014, 2013, and 2012? (Round answers to millions upto 1 decimal places, e.g. 125.5.)
| (In millions) | ||||||
| 2014 | 2013 | 2012 | ||||
| Weighted-average common shares | ||||||
What was P&Gs diluted earnings per share in 2014, 2013, and 2012? (Round answers to 2 decimal places, e.g. 15.25.)
| 2014 | 2013 | 2012 | ||||
| Diluted earnings per share | $ | $ | $ |
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