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Use the Following Information for ECE Incorporated

Question 35

Multiple Choice

Use the following information for ECE incorporated:
Use the following information for ECE incorporated: -If ECE's net profit margin is 8%,then ECE's return on equity (ROE) is: A) 10%. B) 12%. C) 24%. D) 30%.
-If ECE's net profit margin is 8%,then ECE's return on equity (ROE) is:


A) 10%.
B) 12%.
C) 24%.
D) 30%.

Correct Answer:

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