Management Accounting Test Questions

Q.  Determine Operating ratio, if operating expenses is Rs 60,000, Sales is Rs 9,40,000, Sales Return is Rs 40,000 and Cost of net goods sold is Rs 6,60,000.

a. 80%
b. 15%
c. 25%
d. 11%


ANSWER: See Answer
 
No explanation is available for this question!