This case is focused on a publicly traded company The Proctor and Gamble Company (P&G)’s financial reporting. You will analyze the policies they use for reporting and generating intangible assets.
Instructions
The financial statements of P&G are presented in Appendix B. The Companys complete annual report, including the notes to the financial statements, is available at P&G Annual Reports. Refer to P&Gs financial statements and the accompanying notes and answer the following questions:
Does P&G report any intangible assets, especially goodwill, in its 2017 financial statements and accompanying notes?
How much research and development (R&D) cost was expensed by P&G in 2016 and 2017? What percentage of sales revenue and net income did P&G spend on R&D in 2016 and 2017?
Assignment Requirements
https://www.pginvestor.com/corporate-profile/default.aspx?keyGenPage=1073748359
A 2-page Word document
Double-spaced, Times New Roman 12pt font
Properly APA formatted citations and references