Question

if the operating ratio is 70% the net profit ratio will be​

Answer 1

Explanation:

The best medium of payment is

Answer 2

Given:

the operating ratio is $70%$%$%$

To Find:

Net profit ratio

Step by step explanation:

$100-70 =30\\then, 30 = 3/10$

Comparing,

The ratio will be $\frac{3}{10} - 1$ = $\frac{7}{10}$ as AMF

Deducting $\frac{7}{10} - \frac{3}{10} = \frac{4}{10}$

that is $\frac{2}{5}$