Question

operating cost & 3,40,000
Gross profit
20%
operating Expenses $ 20,000
calculate operating profit Ratio
​

Answer 1

Answer:

the answer are is 1,360,000

Answer 2

Answer:

Total Cost = Operating cost + Operating Expenses

= 340000+20000

=360000$

Gross Profit = 20%

(120/100)×360000 = 432000

Therefore

(432000/360000)×340000 = 408000$

operating cost profit = 408000$

operating Expense profit = 24000$

therefore

OPERATING PROFIT RATIO = COST PROFIT ÷ EXPENSE

= 408000/24000

=17:1