ECONOMICS
FINANCIAL MARKETS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Assume that M/s ABC Limited, a retail company is trading at a Price to sales multiple of 4. After a few quarters a news report appear in a leading financial paper-“M/s ABC Limited gets re-rated.” The most likely meaning of the headline is:
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The profit of the company has increased
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The Price to sales multiple of the company exceeds 4
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The losses that the company was making has decreased
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The footfall in company’s store has increased
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Explanation:
There is 1 question to complete.