Nielsen's has annual sales of $352,400 and a profit margin of 5.2 percent. The firm has beginning owners' equity of $136,400 and ending owners' equity of $139,900. The firm neither sold nor repurchased shares during the year. What is the firm's retention ratio? Multiple Choice 40.00 percent 36.67 percent 23.33 percent 26.87 percent 19.10 percent