what will be the operating profit ratio ,if operating ratio is 82.59%
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Answered by
1
Answer:
operating profit ratio is 17.41%
Answered by
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The answer to the following question is given below.
Explanation:
Given:
Operating ratio (Operating Expenses ratio) = 82.59%
Operating income ratio =?
The ratio of operating profit represents about the profit, a company makes when accounting for rising manufacturing costs. It is also based on an average of revenue and then demonstrates a business's success in managing the related costs involved with business activities.
Operating income ratio = 100% - Operating ratio
= 100% - 82.59%
17.41%
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