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Read the following and answer the questions give belowAnswer the following questions1) Operating Ratio for the year 31st March 2021 is i) 55% ii) 52% iii) 55.05% iv) 54.85 2) Net profit ratio for the year 31st March 2020 is i) 28.25% ii) 26.25% iii) 26% iv) 26.50% 3) State True or False. A higher Operating Profit Ratio is better for the firm. i) True ii) False 4) If the operating ratio is 50%, which of the following will lead to increase in ratio? i) Building sold for ₹ 2,00,000 ii) Payment to creditors ₹ 500 iii) Purchase return ₹ 200 iv) Office expenses paid ₹ 5000 |
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Answer» 1 i) 55% 2 ii) 26.25% 3 ii) False 4 iv) Office expenses paid ₹ 5000 |
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