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. Required Does return on assets seem satisfactory for Kyzera given that its competitors average a 12% return on assets?

Principles of Accounting Volume 2
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Chapter2: Building Blocks Of Managerial Accounting
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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. Required Does return on assets seem satisfactory for Kyzera given that its competitors average a 12% return on
assets?

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