Kyzera manufactures, markets, and sells cellular telephones. The average total assets for Kyzera is $245,000....
70.2K
Verified Solution
Link Copied!
Question
Accounting
Kyzera manufactures, markets, and sells cellular telephones. The average total assets for Kyzera is $245,000. In its most recent year, Kyzera reported net income of $60,500 on revenues of $473,000. Required: 1. What is Kyzera's return on assets
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!