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

  1. 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 blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!