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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