5.10 Tutor Reconciliation:  Proctor and Gamble (PG)

Step 1:  Refer to section 5.2 to bring up the Income Statement and Balance Sheet for Proctor and Gamble as described in section 3.2.  Be sure to select the August 13, 2010 10-K from the dropdown.  This is displayed at the bottom of the screen as follows:

We can reconcile Price to Book Ratio by selecting the Consolidated Balance Sheet as follows (RHS of screen):

Step 2:  In the above screen you can verify that the Shareholder’s Equity for P&G is $61,439 and the reconciliation for the Price to Book Ratio is 2.98 as follows:

The Calculator screen appears as follows:

And the reconciliation is:

The same reconciliation applies for each of the calculators under Price to Book and see Chapter 3 (Business Ratios) for the reconciliations for DuPont Ratios, DuPont Burden Analysis, Turnover Analysis and Degree of Leverage.: