Advanced Water Services had net income for the month of October of $ 30,000. Assets as of
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Advanced Water Services had net income for the month of October of $ 30,000. Assets as of the beginning and end of the month totaled, $ 355,000, and $ 345,000, respectively. Calculate Advanced Water Services’ return on assets (ROA) for the month of October.
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Horngrens Financial and Managerial Accounting
ISBN: 978-0133255584
4th Edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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