Use the Following Data to Answer the Questions:
Wren Corp $\quad 58,200$

question 43

Multiple Choice

Use the following data to answer the questions:
Wren Corp. reported the following data on its most recent financial statements:
Net revenues:.............................$312,500
Net income................................. $\quad 58,200$
Total assets, Jan 1....................... $\quad 174,280$
Total assets, Dec $31$ ..................... 168,420
-To two decimals, what is Wren Corp.'s rate of return on assets (ROA) ?

• A) 18.24%
• B) 18.62%
• C) 33.97%
• D) 34.56%

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Definitions:

HVAC System

An acronym for heating, ventilation, and air conditioning system, which provides heating and cooling to residential and commercial buildings.

Dirt

Loose or packed soil or earth; in a mechanical context, it can refer to unwanted particulate matter that can cause wear or contamination.

Malfunctioning Thermostat

A defective device that fails to regulate temperature properly, leading to heating or cooling systems operating erratically.

Refrigerant Pressure

The pressure of the refrigerant within an HVAC system or refrigeration cycle, crucial for the efficient cooling of air or refrigerated spaces.