1.Obtain Balance Sheet and Income Statement for The Procter & Gamble Company for 2016 and 2017.

2.Calculate Debt-to-Equity and Times Interest Earned Ratios for 2016 and 2017.

3.For 2017, obtain the I/S and B/S for Unilever (NYSE:UN), which is a competitor to P&G. Compare and contrast the ratios for Unilever and P&G for 2017.

Please show your calculations.

Debt-to-Equity =Total Liabilities/Total Stockholders’ Equity

Tines Interest Earned = (Net income + interest expense + income tax expense)/ interest expense