Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN: 9781947172609
Author: OpenStax
Publisher: OpenStax College
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Please need answer the accounting question not use chatgpt

Matured Water Services had a net income for the
month of October of $50,880. Assets as of the
beginning and end of the month totaled $362,000,
and $486,000, respectively.
Calculate Matured Water Services' ROA for the month
of October.
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Transcribed Image Text:Matured Water Services had a net income for the month of October of $50,880. Assets as of the beginning and end of the month totaled $362,000, and $486,000, respectively. Calculate Matured Water Services' ROA for the month of October.
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