Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Use the following information for ECE incorporated:
Assets $200 million
Shareholder Equity $100 million
Sales $300 million
If ECE's net profit margin is 8% , then ECE's
- A) 10%
- B) 12%
- C) 24%
- D) 30%
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