If ECE's net profit margin is 8%, then ECE's return on equity (ROE) is:

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If ECE's net profit margin is 8%, then ECE's return on equity (ROE) is:

If ECE's net profit margin is 8%, then ECE's return on equity (ROE) is:
A) 10%
B) 12%
C) 24%
D) 30%

Textbook

Corporate Finance: The Core

Edition: 4^th

Authors: Berk, DeMarzo

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