Numerical - Calculate operating ratio for given operating expenses, sales, cost & sales return
Q. Determine Operating ratio, if operating expenses is Rs 60,000, Sales is Rs 9,40,000, Sales Return is Rs 40,000 and Cost of net goods sold is Rs 6,60,000.- Published on 11 Sep 15a. 80%
b. 15%
c. 25%
d. 11%
ANSWER: 80%