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.)
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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