Looking for the answer to the question below related to Ratio Analysis ?
Revenue from Operations `6,00,000; Gross Profit 20%; Office Expenses `30,000;Selling Expenses `48,000.Calculate operating ratio.
Options:
| (A) 80% (B) 85% (C) 96.33% (D) 93% |
The Correct Answer Is:
- (D) 93%
Conclusion
I hope you got the answer to your question.
