Q. Operating ratio is calculated by (Solved)
1. (Operating Cost/Gross sales)*100
2. (Operating Cost/Gross sales)*100
3. (Operating cost/Net sales)*100
4. None of the above
- c. (Operating cost/Net sales)*100
1. (Operating Cost/Gross sales)*100
2. (Operating Cost/Gross sales)*100
3. (Operating cost/Net sales)*100
4. None of the above