Compute P-G gross profit ratio of each of the years

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Question - The financial statements of Procter & Gamble in available online either through the SEC website or the corporation's website. Access the financial statements for the fiscal year end June 30, 2020 answer the following questions:

a. What type of income statement formate does P & G use?

b. What are P & G's primary revenue sources?

c. Why does P & G make a distinction between operating and nonoperating revenue?

d. Compute P & G's gross profit ratio of each of the years presented the June 30, 2020 annual report. Did the gross profit ratio increase or decrease? Explain why.

Reference no: EM132710872

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