Based on the following information.
The following graphs give annual data of Assets, Sales (as percentage of Assets) and Spending on Corporate Social Responsibility (CSR) (as percentage of Sales), of a company for the period 2004 - 2009.
Of the years indicated below, in which year was the ratio of CSR/ Assets the maximum?
Total value of assets in the year 2004 = 100 crore
Total value of sales in the year 2004 = 0.60*100 = 60 crore
CSR spending in the year 2004 = $${5/3}{100}\times 100$$ = 1 crore.
Similarly, we can calculate for the remaining years. Tabulating the same data, (All the values are in crores)
CSR/ Assets ratio for the year 2004 = $$\dfrac{1}{100}$$ = 0.01
CSR/ Assets ratio for the year 2005 = $$\dfrac{1.15}{110}$$ = 0.01045
CSR/ Assets ratio for the year 2006 = $$\dfrac{2}{125}$$ = 0.016
CSR/ Assets ratio for the year 2007 = $$\dfrac{2}{135}$$ = 0.0148
CSR/ Assets ratio for the year 2008 = $$\dfrac{2.5}{150}$$ = 0.0166
We can see that CSR/Asset ratio is maximum for the year 2008. Hence, option E is the correct answer.
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