From the following information, calculate Operating Ratio: Cost of Revenue from Operations (Cost of Goods Sold) ₹ 52,000
From the following information, calculate Operating Ratio:
[Ans.: Operating Ratio = 87.5%.]
Cost of Revenue from Operations (Cost of Goods Sold) | ₹ 52,000 |
Operating Expenses | ₹ 18,000 |
Revenue from Operations: | |
Gross Sales | ₹ 88,000 |
Sales Return | ₹ 8,000 |
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