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Financial Forensics · Quiz 2 · 2 Apr 2023 · January 2023 term · Set QPE2

Question 6: Southern Foods has net income of ₹ 39,900, net sales of ₹…

Question 6

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Southern Foods has net income of ₹ 39,900, net sales of ₹ 3,18,600, total assets of ₹ 6,63,000, common stock of ₹ 1,06,800 with a par value of ₹1 per share, and retained earnings of ₹ 2,24,400. The stock has a market value of ₹ 5.45 per share. What is the price-earnings ratio?

  1. A

    17.12

  2. B

    12.82

  3. C

    14.59

  4. D

    16.64

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Correct answer

  • C

    14.59

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Question 6 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.

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