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    Question

    Direction (11-14)- Read the following information to answer the questions below: 

    Calculate Operating Ratio:

    A 40% Correct Answer Incorrect Answer
    B 16% Correct Answer Incorrect Answer
    C 84% Correct Answer Incorrect Answer
    D 35% Correct Answer Incorrect Answer
    E 40% Correct Answer Incorrect Answer

    Solution

    Operating ratio = COGS + Operating expenses / Sales * 100 12,00,000 + 4,80,000/ 20,00,000 X100 = 84%

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