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Required information [The following information applies to the questions displayed below.) Kyzera manufactures, markets, and sells cellular telephones. The average total assets for Kyzera is
Required information [The following information applies to the questions displayed below.) Kyzera manufactures, markets, and sells cellular telephones. The average total assets for Kyzera is $247,000. In its most recent year, Kyzera reported net income of $60,500 on revenues of $468,000. 2. Does return on assets seem satisfactory for Kyzera given that its competitors average a 10% return on assets? Does return on assets seem satisfactory for Kyzera given that its competitors average a 10% return on assets
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