Advanced water services had net income for the month of, Finance Basics

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Advanced water services had net income for the month of

Question: Calculating Return on Assets (ROA)

Advanced Water Services had net income for the month of October of $34,400. Assets as of the beginning and end of the month totaler $325,000, and $535,000, respectively. Calculate Advanced Water Services' return on assets (ROA) for the month of October.

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