Use the Following Information for ECE Incorporated

question 35

Multiple Choice

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%.

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Definitions:

Sample Size

The number of observations or data points that are collected in a statistical study from a population.

Population Standard Deviation

The population standard deviation is a measure that quantifies the amount of variation or dispersion of a set of data values in a whole population.

Confidence Level

The percentage or degree of confidence that a parameter lies within a specified range, usually associated with confidence intervals in statistics.

Sample Size

The number of observations or replicates to include in a statistical sample.