SOLUTION
Operating Profit Ratio = 100 – Operating Ratio
Operating Profit Ratio = 100 – 83.64 = 16.36%
What will be the operating profit ratio, if operating ratio is 83.64%?
- Post category:Accountancy
- Reading time:1 mins read
SOLUTION
Operating Profit Ratio = 100 – Operating Ratio
Operating Profit Ratio = 100 – 83.64 = 16.36%