From the following calculate operating profit ratio
Revenue from operation(sales) Rs 120000
Net profit Rs 15200
Interestmon debentures Rs 10000
Answers
Answered by
1
Operating Profit Ratio = 21%
Explanation:
Operating Profit = Operating Profit × 100
____________
Revenue From Operation
= 25200 × 100
________
120000
= 21%
Working Note:
Operating Profit = Net Profit + Non-operating expenses-Non-opearating Income
Operating Profit = 15200 + 10000
= 25200
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