Question: QUESTION 8 The formula for calculating operating ratio is Operating expenses divided by operating revenue times 100 Operating revenue divided by operating expenses times 100
QUESTION 8
-
The formula for calculating operating ratio is
Operating expenses divided by operating revenue times 100
Operating revenue divided by operating expenses times 100
Operating revenue divided by gross profit times 100
Operating revenue divided by the sum of fuel and labor costs times 100
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
