The Genome has $150,000 in net sales, $50,000 in cost of goods sold and $25,000 in operating

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The Genome has $150,000 in net sales, $50,000 in cost of goods sold and $25,000 in operating expenses. What is the Genome's business operating ratio?

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Financial ACCT2

ISBN: 978-1111530761

2nd edition

Authors: Norman H. Godwin, C. Wayne Alderman

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Posted Date: Mar 04, 2024 06:53 AM

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The Genome has $150,000 in net sales, $50,000 in cost of goods sold and $25,000 in operating

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ANSWER The operating ratio is calculated by dividing operating expenses ... View the full answer

Financial ACCT2

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