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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
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