What is wren corp asset turnover ratio

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Reference no: EM132771340

Wren Corp. reported the following data on its most recent financial statements:

Net revenues: $312,500

Net income 58,200

Total assets, Jan 1174,280

Total assets, Dec 31168,420

Problem 1: To two decimals, what is Wren Corp.'s asset turnover ratio?

a. 1.82

b. 1.79

c. 0.35

d. 0.34

Reference no: EM132771340

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