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MyBnB started a home rental company on January 1 . As of November 30 , MyBnB reported the following balances. The company does not yet

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MyBnB started a home rental company on January 1 . As of November 30 , MyBnB reported the following balances. The company does not yet have a balance in Retained Earnings because this is its first year of operations so no net income has been reported in prior years. E3-20 (Algo) Part 2 2. The owner of MyBnB was hoping the company would generate a net profit margin of at least 10 percent. Based on the inancial statements prepared in requirement 1, determine whether the owner met her goal as of November 30 . (Round your answer to 1 decimal place.)

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