Question

Kyzera manufactures, markets, and sells cellular telephones. The average total assets for Kyzera is $250,000. In its most recent year, Kyzera reported net income of$65,000 on revenues of $475,000. 1. What is Kyzera’s return on assets? 2. Does return on assets seem satisfactory for Kyzera given that its competitors average a 12% return on assets? 3. What are total expenses for Kyzera in its most recent year? 4. What is the average total amount of liabilities plus equity for Kyzera?

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1)Return on assets is a profitability ratio that measures how the company makes profits from its total assets. In this case, Kyzera net income is 65,000 USD and Revenue is 475,000 USD.

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