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What is wren corp profit margin ratio

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Reference no: EM132771346

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 profit margin ratio?

a. 33.97%

b. 18.62%

c. 18.24%

d. 5.37%

Reference no: EM132771346

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