Use the Following Information for ECE Incorporated

question 48

Multiple Choice

Use the following information for ECE incorporated:

-If ECE's return on assets (ROA) is 12%,then ECE's net income is:

• A)$6 million.
• B)$12 million.
• C)$22 million.
• D)$36 million.

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Definitions:

Kanban System

A workflow management method originating from Japan, designed to help visualize work, maximize efficiency, and improve agility by using cards to signal the need to move materials or perform tasks.

Customer Workstation

A designated area or terminal where customers can perform tasks or access services, often in a retail or office setting.

Kanbans

A scheduling system for lean manufacturing and just-in-time manufacturing that signals the need to move materials within a production facility.