Use the Following Information for ECE Incorporated

question 24

Multiple Choice

Use the following information for ECE incorporated:
Assets $200 million
Shareholder Equity $100 million
Sales $300 million
-If ECE reported $15 million in net income,then ECE's Return on Assets (ROA) is:

• A) 5.0%
• B) 7.5%
• C) 10.0%
• D) 15.0%

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Definitions:

Limiting Freedom

The act of restricting individual choices, actions, or liberty.

Buffer

A protective barrier or cushion that reduces the impact of a negative outcome or message.

Cultural Differences

The variations in norms, values, beliefs, and practices observed among individuals from different backgrounds or societies.

Bland First Paragraph

An opening paragraph that lacks interest or appeal, potentially failing to engage the reader.