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Joined July 2011
Can you tell me how to solve the Q43 of Ratio Analysis of CA Ashish Kalra.
Dividend Received from Investments 5000
Depreciation on Fixed Assets 15000
Contribution to PM relief fund 10000
Loss on sale of Fixed Assets 10000
Administration and Selling Expenses 56000.
Net Profit 94000. Goods are sold at cost plus 50%.Find out the operating ratio.
Ans(79.81%)