Solution-Find the operating ratio for sol dry goods

Find the operating ratio for sol dry goods

Reference no: EM131336771

Find the operating ratio for Sol's Dry Goods if the income statement for the month shows net sales,$15500;cost of goods sold, $8500; gross profit, $7000; operating expenses, $3500; net income, $4500. Express results to the nearest tenth of a percent.

Reference no: EM131336771

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Find the operating ratio for sol dry goods : Find the operating ratio for Sol's Dry Goods if the income statement for the month shows net sales,$15500;cost of goods sold, $8500; gross profit, $7000; operating expenses, $3500; net income, $4500. Express results to the nearest tenth of a perce..

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Find the operating ratio for sol dry goods

Reference no: EM131336771

Reference no: EM131336771

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