Ms. Mary Brown is a credit rating analyst. She had prepared a detailed report on one of her client, FlyHigh Airlines Ltd, a company operating chartered aircrafts in India. As she was heading for a meeting with her superior on the matter, coffee spilled over her set of prepared paper(s). As she was getting late for meeting, instead of preparing entire set she could recollect few numbers from her memory and reconstructed following partial financial table: PAT margins are highest in which of the years?

Question

Ms. Mary Brown is a credit rating analyst. She had prepared a detailed report on one of her client, FlyHigh Airlines Ltd, a company operating chartered aircrafts in India. As she was heading for a meeting with her superior on the matter, coffee spilled over her set of prepared paper(s). As she was getting late for meeting, instead of preparing entire set she could recollect few numbers from her memory and reconstructed following partial financial table:  PAT margins are highest in which of the years?

Quizplus · Accepted Answer

Looking at the table, we can see that the PAT margin is highest in FY12 with a value of 24.3%. In FY11, it is 18.8% and in FY10, it is 21.1%. Therefore, the correct choice is A) FY12.

Ms Mary Brown Is a Credit Rating Analyst