How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Ask atluriram Your Own Question

atluriram
atluriram, Professor
Category: Homework
Satisfied Customers: 533
Experience:  MASTER OF COMMERCE, BACHELOR OF LAWS, COMPANY SECRETARY QUALIFICATIONS
22289965
Type Your Homework Question Here...
atluriram is online now
A new question is answered every 9 seconds

IF YOU ARE CURRENTLY ONLINE, PLEASE LET ME KNOW SO THAT i CAN

Resolved Question:

IF YOU ARE CURRENTLY ONLINE, PLEASE LET ME KNOW SO THAT I CAN OBTAIN THE INFORMATION FOR MY ASSIGNMENT WHICH IS DUE TODAY.

 

 

ON ANOTHER NOTE - THANK YOU VERY MUCH FOR THE HARD WORK YOU DO!!!

Submitted: 3 years ago.
Category: Homework
Expert:  atluriram replied 3 years ago.

atluriram :

hello sir

atluriram :

I am available online right now

atluriram :

please let me know the details

atluriram :

with regards

atluriram :

atluri ramesh

Customer:

I CANNOT RETRIEVE THE RESPONSE YOU SENT ME EARLIER THIS MORNING.I HAVE TRIED ALL DAY TO DOWNLOAD THE ANSWER AND ALL I GET IS A BLANK PAGE. WOULD YOU EITHER CUT AND PASTE THE INFORMATION HERE OR TRY TO RESEND IT. WHICH EVER METHOD THAT WILL GET IT TO ME QUICKLY. I NEED TO SUBMIT THE ASSIGNMENT AS SOON AS POSSIBLE.

Customer:

THANK YOU

atluriram :

just wait

atluriram :

Sir

atluriram :

you can download here and tell me did you got

atluriram :

if not

atluriram :

------------

atluriram :

Access the most recent financial statements from the annual report of Procter & Gamble. Be sure to provide a link to the statements in your report. Examine all pension information available in the statements as well as the annual report and report your findings. Make general comments about the company's pension plan based upon what you view in the statements


As a part of statutory and social obligations, the Procter & Gamble Company offered post employment benefits to certain employees which include pension plans such as defined contribution plans, defined benefit plans, health care plans, life insurance plans etc. The company has pension liability payable to the employees. For the fiscal year 2011, the Procter & Gamble has total liability of pension benefits around $4,388 million. Besides the company has the liability of other postretirement benefits of $1,887 million. In order to determine benefit obligations, the discount rate of 5.3% is used whereas it was just 5.0% during the year of 2010. However, the rate of 5.7% is used for other benefits for the fiscal year of 2011.


During the beginning of the year, Procter & Gamble has pension benefits obligation of $11,245 million and at the end of the year it comes to $12,229 million. During the year, the company made payments towards pension benefits amounting to $492 million. The pension benefit is charged with the interest cost of $588 million besides service cost of $270 million. The accumulated benefit obligation for all defined benefit retirement plan for the fiscal year 2011 is $10,436 million. For the year of 2010 it was about $9,708 million.


The Procter & Gamble has minimum liability of the pension funding is $1,070 million. However, the company has liability of $391 million within one year period and $679 million within three years period. In order to meet the pension liabilities, the company maintaining the physical cash of 2% for the estimated liability. Besides, the company made investments in debt securities amounting 51% of estimated liability and 47% in Equity securities so that the company will be in a position to meet the pension liability.


Accordingly, the company has made charge on some assets and these show the value of $7,962 million to meet such liability towards pension benefits. Level 1 pension benefits charged with the $268 million assets, Level 2 pension benefits charges with $7,639 million whereas Level 3 pension benefits charges with the Assets of $55 million. Out of such assets company also able to receive interest $68 million through government bonds.


The company also estimated future payments towards pension. During the year of 2012, the company has liability of $534 million and in 2013 it is estimated $535 million. For the year 2014, an amount of $560 million and $573 million in the year of 2015. Similar, 605 million estimated for the year of 2016. The projection of $3,494 million shown as the expected payment of pension liability for the period of 2017 to 2021.


 


REFERENCE :



  1. http://secfilings.nyse.com/files.php?symbol=PG

  2. http://secfilings.nyse.com/files.php?symbol=PG&fg=24


 

atluriram, Professor
Category: Homework
Satisfied Customers: 533
Experience: MASTER OF COMMERCE, BACHELOR OF LAWS, COMPANY SECRETARY QUALIFICATIONS
atluriram and 12 other Homework Specialists are ready to help you

JustAnswer in the News:

 
 
 
Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.
 
 
 

What Customers are Saying:

 
 
 
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
< Last | Next >
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
  • This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!! Alex Los Angeles, CA
  • Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult. GP Hesperia, CA
  • I couldn't be more satisfied! This is the site I will always come to when I need a second opinion. Justin Kernersville, NC
  • Just let me say that this encounter has been entirely professional and most helpful. I liked that I could ask additional questions and get answered in a very short turn around. Esther Woodstock, NY
  • Thank you so much for taking your time and knowledge to support my concerns. Not only did you answer my questions, you even took it a step further with replying with more pertinent information I needed to know. Robin Elkton, Maryland
  • He answered my question promptly and gave me accurate, detailed information. If all of your experts are half as good, you have a great thing going here. Diane Dallas, TX
 
 
 

Meet The Experts:

 
 
 
  • Manal Elkhoshkhany

    Tutor

    Satisfied Customers:

    4520
    More than 5000 online tutoring sessions.
< Last | Next >
  • http://ww2.justanswer.com/uploads/BU/BusinessTutor/2012-2-2_115741_Kouki2.64x64.jpg Manal Elkhoshkhany's Avatar

    Manal Elkhoshkhany

    Tutor

    Satisfied Customers:

    4520
    More than 5000 online tutoring sessions.
  • http://ww2.justanswer.com/uploads/LI/lindaus/2012-6-10_04811_IMG20120609164157.64x64.jpg Linda_us's Avatar

    Linda_us

    Finance, Accounts & Homework Tutor

    Satisfied Customers:

    3121
    Post Graduate Diploma in Management (MBA)
  • http://ww2.justanswer.com/uploads/ComputersGuru/2010-02-13_051118_Photo41.JPG LogicPro's Avatar

    LogicPro

    Engineer

    Satisfied Customers:

    3035
    Expert in Java C++ C C# VB Javascript Design SQL HTML
  • http://ww2.justanswer.com/uploads/lanis/2009-4-1_233717_phput9xef_c1pm.jpg Lani S.'s Avatar

    Lani S.

    Tutor

    Satisfied Customers:

    2457
    Registered Nurse, Internet Researcher, Private Tutor
  • http://ww2.justanswer.com/uploads/chooser77/2009-08-18_162025_Chris.jpg Chris M.'s Avatar

    Chris M.

    M.S.W. Social Work

    Satisfied Customers:

    2341
    Master's Degree, strong math and writing skills, experience in one-on-one tutoring (college English)
  • http://ww2.justanswer.com/uploads/JawaadAhmed/2009-6-27_12137_SIs_SHadi.jpg F. Naz's Avatar

    F. Naz

    Chartered Accountant

    Satisfied Customers:

    1975
    Experience with chartered accountancy
  • http://ww2.justanswer.com/uploads/JK/jkcpa/2011-1-16_182614_jkcpa.64x64.jpg Bizhelp's Avatar

    Bizhelp

    CPA

    Satisfied Customers:

    1873
    Bachelors Degree and CPA with Accounting work experience
 
 
 

Related Homework Questions