Question: Wren Corp. reported the following data on its most recent financial statements: 58.200 Net $312,500 revenues: Net income Total assets, 174.280 Jan 1 Total assets.
Wren Corp. reported the following data on its most recent financial statements: 58.200 Net $312,500 revenues: Net income Total assets, 174.280 Jan 1 Total assets. 168,420 Dec 31 To two decimals, what is Wren Corp.'s profit margin ratio? OA) 33.97% B) 18.24% OC) 18.62% D) 5.37%
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
