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calculate operating ratio with following information: cash revenue from opeartions= 80000(which is40% of total revenue from opeartions) Purchases=110000 operating expenses=3500 excess of closing inventory over opening inventory =12000

Posted by Purvi Bafna 3 years, 9 months ago

CBSE > Class 12 > Accountancy

1 answers

Priyanshu Pandey 3 years, 9 months ago

Total revenue=cash revenue*100÷40 80000*100÷40= 200000 Cost of revenue from operation =purchase - excess of closing stock 110000-12000= 98000 Op R = 98000+3500÷200000 = 0.5075

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