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Read the following and answer the questions give below :

Answer the following questions :

1. 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

1 Answer

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1. i) 55%

2. ii) 26.25%

3. ii) False

4. iv) Office expenses paid ₹ 5000

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