Select a large U.S. public corporation you are familiar with or which interests you. It should...

Select a large U.S. public corporation you are familiar with or which interests you. It should be on the Fortune 500 list. Using the company's most recent annual report (or Form 10-K) from the company's Investor Relations web page and other credible internet sources, develop a short profile of the corporation. Obtain and attach a PDF version of the most recent annual report (or Form 10-K) from the company's web site. Include the following information:

Name of the corporation and location of corporate headquarters.

State of incorporation.

The stock exchange on which the company's stock is traded.

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Expert Solution

**The Procter & Gamble Company**

Type	Public
Traded as	NYSE: PG DJIA Component S&P 100 Component S&P 500 Component
Industry	Consumer goods
Founded	October 31, 1837; 180 years ago Cincinnati, Ohio, U.S.
Founders	William Procter James Gamble
Headquarters	Cincinnati, Ohio, U.S.
Area served	Worldwide (except Cuba and North Korea)
Key people	David S. Taylor Chairman of the Board, President and CEO
Products	Cleaning agents Personal care products Beauty Care Products Personal Healthcare Products Diagnostics (through SPDJoint Venture)
Brands	See list of brands
Revenue	US$65.29 billion (2016)
Operating income	US$13.44 billion (2016)
Net income	US$10.50 billion (2016)
Total assets	US$127.1 billion (2016)
Total equity	US$57.34 billion (2016)
Number of employees	95,000 (2017)
Website	www.pg.com

Procter & Gamble Co. (P&G) is an American multi-national consumer goods corporationheadquartered in downtown Cincinnati, Ohio, founded in 1837 by British American William Procter and Irish American James Gamble. It primarily specializes in a wide range of cleaning agents and personal care and hygienics products. Before the sale of Pringles to the Kellogg Company, its product portfolio also included foods, snacks and beverages.

In 2014, P&G recorded $83.1 billion in sales. On August 1, 2014, P&G announced it was streamlining the company, dropping and selling off around 100 brands from its product portfolio in order to focus on the remaining 65 brands, which produced 95% of the company's profits. A.G. Lafley—the company's chairman, president, and CEO until October 31, 2015—said the future P&G would be "a much simpler, much less complex company of leading brands that's easier to manage and operate".

David Taylor is the current president and CEO of Procter & Gamble.

Financial report can be accessed at https://us.pg.com/annualreport2017/annual-report.html#/Financial

jeff jeffy answered 1 year ago

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