SOLUTION
Operating Profit Ratio = 100 – Operating Ratio
Operating Profit Ratio = 100 – 88.94 = 11.06%.
What will be the operating profit ratio, if operating ratio is 88.94%?
- Post category:Accountancy
- Reading time:1 mins read
SOLUTION
Operating Profit Ratio = 100 – Operating Ratio
Operating Profit Ratio = 100 – 88.94 = 11.06%.