Quiz Space

Financial Forensics Quiz 2: 2 April 2023, Set QPE2 (January 2023 term)

Question 1

+1 markOne correct option

A firm has a return on equity of 25 percent. The total asset turnover is 2.4 and the profit margin is 8 percent. The total equity is ₹ 4,100. What is the net income?

  1. A

    ₹ 2,460

  2. B

    ₹ 787

  3. C

    ₹ 427

  4. D

    ₹ 1,025

Also asked in Quiz 2 2 Apr 2023, End Term 22 Dec 2024

Question 2

+1 markOne correct option

A firm has net working capital of ₹ 580, net fixed assets of ₹ 2,326, sales of ₹ 6,900, and current liabilities of ₹ 890. How many rupees worth of sales is generated from every ₹ 1 in total assets?

  1. A

    ₹ 2.97

  2. B

    ₹ 1.53

  3. C

    ₹ 2.15

  4. D

    ₹ 1.82

Also asked in Quiz 2 2 Apr 2023

Question 3

+1 markOne correct option

Mario's Home Systems has sales of ₹ 2,820, costs of goods sold of ₹ 2,160, inventory of ₹ 504, and accounts receivable of ₹ 430. How many days, on average, does it take Mario's to sell its inventory?

  1. A

    85.17 days

  2. B

    55.66 days

  3. C

    65.23 days

  4. D

    84.00 days

Also asked in Quiz 2 2 Apr 2023

22 more questions in this paper

Sign in with Google — it is free — to see every question with its answer and explanation, practise it in learning mode, or take it as a timed mock test.

More on the Financial Forensics Quiz 2 2 Apr 2023 Set QPE2 paper

The IIT Madras BS Financial Forensics (Financial Forensics) Quiz 2 paper sat on 2 Apr 2023, in the January 2023 term (T1 2023), set QPE2: 25 questions for 25 marks in 120 minutes. The first 3 questions are below. Sign in with Google — it is free — to see the whole paper with its answers and explanations, in learning mode or as a timed mock test.

FeatureFinancial Forensics Quiz 2 2 Apr 2023 Set QPE2 at a glance
TermJanuary 2023 term (T1 2023)
SubjectFinancial Forensics
Course codeBSMS4003
Questions25
Marks25
Duration120 min
MCQ25
Official paperIIT M DEGREE AN3 EXAM QPE3 02 Apr 2023
Negative markingNo negative marking.
Updated

Other sets that day

Same Quiz 2, other subjects

More Financial Forensics