: From the following details, calculate operating ratio:

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
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Example 18: From the following details, calculate operating ratio:
Particulars
Sales
8,50,000
99,500
5,50,500
10,000
1,40,000
20,000
1,50,000
30,000
4,000
Opening stock
Purchases
Carriage Inwards
Closing Stock
Depreciation
Administrative Expenses
Selling Expenses
Loss on the Sale of Assets
Transcribed Image Text:Example 18: From the following details, calculate operating ratio: Particulars Sales 8,50,000 99,500 5,50,500 10,000 1,40,000 20,000 1,50,000 30,000 4,000 Opening stock Purchases Carriage Inwards Closing Stock Depreciation Administrative Expenses Selling Expenses Loss on the Sale of Assets
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