Accountancy, asked by ssimar6318, 11 months ago

Calculate operating profit ratio when net sales are rs.2000000,gross profit is 20%and operating expense osre.40000

Answers

Answered by rajputrajansingh2000

3

Explanation:

operating Ratio = operating Expenses/Net sales × 100.

= 40000/2000000×100,

= 2

operating Profit Ratio = 100 – operating Ratio

= 100– 2

= 98.Ans.

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