Question

1 find Sales Ratio
60800 851250​

Answer 1

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Answer 2

Answer:

The operating ratio of a company can be determined by comparing the operating expenses with the net sales. Smaller the ratio, higher is the efficiency of the business.

It is calculated as:

Operating Ratio = (Operating expenses/ Net Sales) x 100

= (Cost of Goods sold + Selling expenses + Administration

expenses/ Net Sales) x 100

= (1,20,000+80,000+40,000/3,40,000)x100

= (2,40,000/3,40,000)x100 = 70.58%