Question 5
Catherine's Consulting paid dividends of ₹ 3,300 and total equity of ₹ 39,450. The debt-equity ratio is 1 and the retention ratio is 40 percent. What is the return on assets?
6.24 percent
7.23 percent
6.97 percent
5.72 percent
Catherine's Consulting paid dividends of ₹ 3,300 and total equity of ₹ 39,450. The debt-equity ratio is 1 and the retention ratio is 40 percent. What is the return on assets?
6.24 percent
7.23 percent
6.97 percent
5.72 percent
Correct answer
6.97 percent
Question 5 of 25 in the IIT Madras BS Financial Forensics (Financial Forensics) Quiz 2 paper sat on 2 Apr 2023, in the January 2023 term (IIT M DEGREE AN3 EXAM QPE3 02 Apr 2023). It carries 1 mark.