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