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:

Allocated Costs

Expenses that have been assigned to a product, service, or department based on indirect relationships or drivers.

Business Units

Individual segments within a larger corporation that operate independently with their management team and financial objectives, often focusing on a specific product line or market.

Profit Centre

A branch or division of a company that is treated as a separate business, responsible for generating its own revenue and profits.

Performance Measure

Indicators used to evaluate the efficiency, effectiveness, and success of an organization's activities or employees' actions.