ROI
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 | End of the Year |
Total assets | $19,373 | $19,873 |
Total stockholders’ equity | 4,985 | 5,249 |
Operating income |
| 2,686 |
Net income |
| 1,828 |
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?
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