Financial and Management Accounting

1: If cost of goods sold is Rs. 100,000, other; operating expenses are Rs. 20,000 and total net sales are Rs. 150,000 the operating ratio will be equal to ____
A.

70%

B.

80%

C.

90%

D.

100%

 

Answer : B

Explanation :

Mahesh shet said: (4:22am on Monday 30th October 2017)
Operating Ratio=op exp/net sales×100(100000 20000)/150000×100=80%

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Option: A

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