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:

Cognitive

Relating to mental activities involved in the acquisition, processing, storage, and retrieval of information.

Feeling

A complex psychological state that involves physiological and cognitive components in response to stimuli or internal thoughts.

Intuition

Rapidly formed judgments based on “gut feelings” or “instincts.”

Attitudes

Psychological tendencies expressed by evaluating a particular entity with some degree of favor or disfavor.