Please refer to the balance sheet in the attachment and answer the following questions.

The Gross Profit Margin or Gross Margin for the year ended December 31,2010 was:

(a)34.17%

(b)33.17%

(c)32.17%

(d)31.17%

Which one of the above list is most correct?

PART II (Continued) ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA KIMBERLY-CLARK CORPORATION AND SUBSIDIARIES CONSOLIDATED INCOME STATEMENT Year Ended December 31 2010 2009 2008 (Millions of dollars, except per share amounts) Net Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cost of products sold . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $19,746 13,196 $19,115 12,695 $19,415 13,557 Gross Profit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Marketing, research and general expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other (income) and expense, net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,550 3,673 104 6,420 3,498 97 5,858 3,291 20 Operating Profit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,773 20 (243) 2,825 26 (275) 2,547 46 (304) Income Before Income Taxes, Equity Interests and Extraordinary Loss . . . . . Provision for income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,550 (788) 2,576 (746) 2,289 (618) Income Before Equity Interests and Extraordinary Loss . . . . . . . . . . . . . . . . . Share of net income of equity companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,762 181 1,830 164 1,671 166 Income Before Extraordinary Loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary loss, net of income taxes, attributable to Kimberly-Clark Corporation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,943 1,994 1,837 Net Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income attributable to noncontrolling interests . . . . . . . . . . . . . . . . . . . . . 1,943 (100) 1,994 (110) Net Income Attributable to Kimberly-Clark Corporation . . . . . . . . . . . . . . . . (8) 1,829 (139) $ 1,843 $ 1,884 $ 1,690 $ 4.47 $ 4.53 $ 4.06 (.02) Net Income Attributable to Kimberly-Clark Corporation . . . . $ 4.47 $ 4.53 $ 4.04 Diluted Before extraordinary loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 4.45 $ 4.52 $ 4.05 (.02) Net Income Attributable to Kimberly-Clark Corporation . . . . $ 4.45 $ 4.52 $ 4.03 Per Share Basis Basic Before extraordinary loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . See Notes to Consolidated Financial Statements 35 PART II (Continued) KIMBERLY-CLARK CORPORATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEET December 31 2010 2009 (Millions of dollars) ASSETS Current Assets Cash and cash equivalents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Accounts receivable, net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Note receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Deferred income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ Total Current Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Property, Plant and Equipment, net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Investments in Equity Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Goodwill . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other Intangible Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-Term Notes Receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities Debt payable within one year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Redeemable preferred securities of subsidiary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Accrued expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Accrued income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividends payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Current Liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-Term Debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Noncurrent Employee Benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-Term Income Taxes Payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Deferred Income Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other Liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Redeemable Preferred and Common Securities of Subsidiaries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders' Equity Kimberly-Clark Corporation Stockholders' Equity: Preferred stockno par valueauthorized 20.0 million shares, none issued . . . . . . . . . . . . . . . . . . . Common stock$1.25 par valueauthorized 1.2 billion shares; issued 478.6 million shares at December 31, 2010 and 2009 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Additional paid-in capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Common stock held in treasury, at cost71.7 million and 61.6 million shares at December 31, 2010 and 2009 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Accumulated other comprehensive income (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 876 2,472 218 2,373 187 202 $ 798 2,566 2,033 136 331 6,328 8,356 374 3,403 287 393 723 5,864 8,033 355 3,275 310 607 765 $19,864 $19,209 $ $ 344 506 2,206 1,909 104 269 610 1,920 2,064 79 250 5,338 5,120 1,810 260 369 224 541 4,923 4,792 1,989 168 377 218 1,052 598 425 598 399 (4,726) (1,466) 11,086 (4,087) (1,833) 10,329 Total Kimberly-Clark Corporation Stockholders' Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . Noncontrolling interests . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,917 285 5,406 284 Total Stockholders' Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,202 5,690 $19,864 $19,209 See Notes to Consolidated Financial Statements 36 PART II (Continued) KIMBERLY-CLARK CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY Accumulated Common Stock Additional Other Issued Treasury Stock Paid-in Retained Comprehensive Noncontrolling Shares Amount Capital Shares Amount Earnings Income (Loss) Interests (Dollars in millions, shares in thousands) Balance at December 31, 2007 . . . . . . . . 478,597 Net income in stockholders' equity . . . . Other comprehensive income: Unrealized translation . . . . . . . . . . Employee postretirement benefits, net of tax . . . . . . . . . . . Other . . . . . . . . . . . . . . . . . . . . . . . . Stock-based awards exercised or vested . . . . . . . . . . . . . . . . . . . . . . . . . Income tax benefits on stock- based compensation . . . . . . . . . . . . . . . . . . . Shares repurchased . . . . . . . . . . . . . . . . . Recognition of stock-based compensation . . . . . . . . . . . . . . . . . . . Dividends declared . . . . . . . . . . . . . . . . . Additional investment in subsidiary and other . . . . . . . . . . . . . . . . . . . . . . . . . . $598 $ 483 (900) (81) (687) (8) (2) (59) (2,870) 170 10 5 10,232 (641) 47 Balance at December 31, 2008 . . . . . . . . 478,597 Net income in stockholders' equity . . . . Other comprehensive income: Unrealized translation . . . . . . . . . . Employee postretirement benefits, net of tax . . . . . . . . . . . . . . . . . . . Other . . . . . . . . . . . . . . . . . . . . . . . . Stock-based awards exercised or vested . . . . . . . . . . . . . . . . . . . . . . . . . Income tax benefits on stock- based compensation . . . . . . . . . . . . . . . . . . . Shares repurchased . . . . . . . . . . . . . . . . . Recognition of stock-based compensation . . . . . . . . . . . . . . . . . . . Dividends declared . . . . . . . . . . . . . . . . . Additional investment in subsidiary and other . . . . . . . . . . . . . . . . . . . . . . . . . . 598 486 (47) 7 130 (7) 86 (133) Balance at December 31, 2009 . . . . . . . . 478,597 Net income in stockholders' equity . . . . Other comprehensive income: Unrealized translation . . . . . . . . . . Employee postretirement benefits, net of tax . . . . . . . . . . . . . . . . . . . Other . . . . . . . . . . . . . . . . . . . . . . . . Stock-based awards exercised or vested . . . . . . . . . . . . . . . . . . . . . . . . . Income tax benefits on stock- based compensation . . . . . . . . . . . . . . . . . . . Shares repurchased . . . . . . . . . . . . . . . . . Recognition of stock-based compensation . . . . . . . . . . . . . . . . . . . Dividends declared . . . . . . . . . . . . . . . . . Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . 598 399 326 57 (16) (2) (37) (2,862) 170 2 12,954 (809) 52 9 (1,085) (1) (47) (1) Balance at December 31, 2010 . . . . . . . . 478,597 $598 $ 425 57,676 $(3,814) $ 8,748 1,690 (966) (51) (28) (4,285) 9,465 1,884 (2,386) 383 54 619 (32) 3 (2) (3,519) 204 (996) (45) 61,649 (7) 1 (17) (4,087) 10,329 1,843 71,741 $(4,726) $11,086 See Notes to Consolidated Financial Statements 37 $ 463 82 65,038 (7) $ (791) (37) (1,833) $(1,466) 6 (112) 284 44 7 $ 285 PART II (Continued) KIMBERLY-CLARK CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME Year Ended December 31 2010 2009 2008 (Millions of dollars) Net Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,943 $1,994 Other Comprehensive Income, Net of Tax: Unrealized currency translation adjustments . . . . . . . . . . . . . . . . . . . . . . . . . . . . Employee postretirement benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 334 55 (16) 625 (34) 3 Total Other Comprehensive Income, Net of Tax . . . . . . . . . . . . . . . . . . . . . . . . . . . 373 594 Comprehensive Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Comprehensive income attributable to noncontrolling interests . . . . . . . . . . . . . 2,316 (106) 2,588 (114) Comprehensive Income Attributable to Kimberly-Clark Corporation . . . . . . . . See Notes to Consolidated Financial Statements 38 $2,210 $2,474 $ 1,829 (982) (689) (8) (1,679) 150 (55) $ 95 PART II (Continued) KIMBERLY-CLARK CORPORATION AND SUBSIDIARIES CONSOLIDATED CASH FLOW STATEMENT Year Ended December 31 2010 2009 2008 (Millions of dollars) Operating Activities Net Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1,943 $ 1,994 $ 1,829 Extraordinary loss, net of income taxes, attributable to Kimberly-Clark Corporation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Depreciation and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 813 783 775 Stock-based compensation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52 86 47 Deferred income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (12) 141 151 Net losses on asset dispositions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 36 51 Equity companies' earnings in excess of dividends paid . . . . . . . . . . . . . . . . . . (48) (53) (34) Decrease (increase) in operating working capital . . . . . . . . . . . . . . . . . . . . . . . 24 1,105 (335) Postretirement benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (125) (609) (38) Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 71 (2) 62 Cash Provided by Operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,744 3,481 2,516 Investing Activities Capital spending . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Acquisitions of businesses, net of cash acquired . . . . . . . . . . . . . . . . . . . . . . . . Investments in marketable securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Proceeds from sales of investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Investments in time deposits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Maturities of time deposits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Proceeds from disposition of property . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (964) 1 47 (131) 248 9 9 (848) (458) 40 (270) 223 25 (906) (98) (9) 48 (238) 314 28 14 Cash Used for Investing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (781) (1,288) (847) Financing Activities Cash dividends paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net decrease in short-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Proceeds from issuance of long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repayments of long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash paid on redeemable preferred securities of subsidiary . . . . . . . . . . . . . . . Proceeds from exercise of stock options . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Acquisitions of common stock for the treasury . . . . . . . . . . . . . . . . . . . . . . . . . Shares purchased from noncontrolling interests . . . . . . . . . . . . . . . . . . . . . . . . Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (1,066) (28) 515 (506) (54) 131 (803) (48) (986) (312) 2 (278) (53) 165 (7) (293) (26) (950) (436) 551 (274) (47) 113 (653) (51) Cash Used for Financing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (1,859) (1,788) (1,747) Effect of Exchange Rate Changes on Cash and Cash Equivalents . . . . . . . . . . . (26) 29 (31) Increase (Decrease) in Cash and Cash Equivalents . . . . . . . . . . . . . . . . . . . . . . . Cash and Cash Equivalents, beginning of year . . . . . . . . . . . . . . . . . . . . . . . . . . . 78 798 434 364 (109) 473 Cash and Cash Equivalents, end of year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . See Notes to Consolidated Financial Statements 39 $ 876 $ 798 $ 364