Solution-Calculate operating expenses to sales ratio

Calculate operating expenses to sales ratio

Reference no: EM133147920

Question - Long Pty Ltd reported net sales of $275,000, cost of sales of $110,000, operating expenses of $55,000, profit after tax of $88,000, beginning total assets of $550,000, and ending total assets of $660,000.

a. Calculate Return on assets ratio.

b. Calculate Profit margin ratio.

c. Calculate Gross profit ratio.

d. Calculate Operating expenses to sales ratio.

Reference no: EM133147920

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Calculate operating expenses to sales ratio

Reference no: EM133147920

Reference no: EM133147920

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