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:
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?

the average total assets for kyzera is 25 in its most
accounting basics

Savvy sightseeing had beginning equity of $90,000; revenues of $144,000, expenses of $83,000, and dividends to stockholders of $10,800. there were no stockholder investments during the year. calculate ending equity.

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