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Use the following information for ECE incorporated:Assets$200 million, Shareholder Equity$100 million, Sales$300 million, Net Income$15 million, Interest Expense$2 million IECE's Return on Assets (ROA) is:
Use the following information for ECE incorporated:Assets$200 million, Shareholder Equity$100 million, Sales$300 million, Net Income$15 million, Interest Expense$2 million IECE's Return on Assets (ROA) is: Select one: a. 8.5% b. 5.0% c. 15.0% d. 7.5%
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