Question 21
The net income for a year was ₹ 8,50,000. Beginning and ending assets were ₹ 85,00,000 and ₹ 96,00000, respectively. What was the return on assets ?
Question 21: The net income for a year was ₹ 8,50,000. Beginning and …
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Correct answer: 9.35 (accepted within ±0.15)
Question 21 of 25 in the IIT Madras BS Financial Forensics (Financial Forensics) Quiz 2 paper sat on 3 Dec 2023, in the September 2023 term (IIT M DEGREE AN2 EXAM QDB2 03 Dec 2023). It carries 1 mark.
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