Following are summary financial statement data for Kimberly-Clark for 2010 through 2012. Required a. Compute the return

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Following are summary financial statement data for Kimberly-Clark for 2010 through 2012.image text in transcribed

Required

a. Compute the return on assets and return on equity for 2011 and 2012 (use average assets and average equity), together with the components of ROA (profit margin and asset turnover). What trends do we observe?

b. Which component appears to be driving the change in ROA over this time period?

c. KMB repurchased a large amount of its common shares in recent years at a cost of almost ($ 4.9) billion. How did this repurchase affect its return on equity?

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