Shown below are selected data from a recent annual report of Kimberly-Clark Corporation, a large consumer products

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Shown below are selected data from a recent annual report of Kimberly-Clark Corporation, a large consumer products provider. (Dollar amounts are in millions.)


Shown below are selected data from a recent annual report


a. Compute for the year Kimberly-Clark’s return on average total assets. (Round computations to the nearest two-tenths of 1 percent.)
b. Compute for the year Kimberly-Clark’s return on average total stockholders’ equity. (Round computations to the nearest two-tenths of 1 percent.)
c. What is the most likely explanation why Kimberly-Clark’s total stockholders’ equity for the yearincreased?

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Financial and Managerial Accounting the basis for business decisions

ISBN: 978-0078111044

16th edition

Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello

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