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CO Part 1 of 4 0.09 points Skipped eBook Print References ! Required information Problem 1-10A (Static) Determining expenses, liabilities, equity, and return on assets
CO Part 1 of 4 0.09 points Skipped eBook Print References ! Required information Problem 1-10A (Static) Determining expenses, liabilities, equity, and return on assets LO A1, A2 [The following information applies to the questions displayed below.] 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. Problem 1-10A (Static) Part 1 Required: 1. What is Kyzera's return on assets? Choose Numerator: 1 7 1 Return on Assets Choose Denominator: = = Return on Assets Return on assets
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