What level of operating ratio is ideal? a. High b. Very high c. Low d. Average
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The correct answer to this question is low.
Explanation:
Given- The level of operating ratio is ideal.
To Find - Choose the correct option.
A low level of operating ratio is ideal.
An operating ratio of 80 or less is regarded as good in the railroad industry. By comparing operating expenditures to net revenues, the operational ratio may be used to assess how well a firm is managed.
The more efficiently a corporation generates income compared to overall costs, the lower the ratio.
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