Question 1
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?
₹ 2,460
₹ 787
₹ 427
₹ 1,025
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?
₹ 2,460
₹ 787
₹ 427
₹ 1,025
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?
₹ 2.97
₹ 1.53
₹ 2.15
₹ 1.82
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?
85.17 days
55.66 days
65.23 days
84.00 days
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The IIT Madras BS Financial Forensics (Financial Forensics) Quiz 2 paper sat on 2 Apr 2023, in the January 2023 term, set QPE3: 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.
| Feature | Financial Forensics Quiz 2 2 Apr 2023 Set QPE3 at a glance |
|---|---|
| Term | January 2023 term |
| Subject | Financial Forensics |
| Course code | BSMS4003 |
| Questions | 25 |
| Marks | 25 |
| Duration | 120 min |
| MCQ | 25 |
| Official paper | IIT M DEGREE AN3 EXAM QPE3 02 Apr 2023 |
| Negative marking | No negative marking. |
| Updated |