What will be the operating profit ratio, if the operating ratio is 85.67%?
Answer & explanation
Correct answer: option 3
The correct answer is option 3- 14.33%.
Operating Profit Ratio = 100 – Operating Ratio
OPR = 100- 85.67%
= 14.33%
What will be the operating profit ratio, if the operating ratio is 85.67%?
Correct answer: option 3
The correct answer is option 3- 14.33%.
Operating Profit Ratio = 100 – Operating Ratio
OPR = 100- 85.67%
= 14.33%