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

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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.)

Beginning of the Year of the Year End $19,373 4,985 $19,873 5,249 2,686 1,828 Total assets Total stockholders' equity Op


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 year increased?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Financial Accounting

ISBN: 978-0077862381

16th edition

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

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