Looking at your profit and loss statement you note that you have operating expenses of $10M and operating revenue of $14M, what is your operating ratio?
A) 140.00
B) 68.12
C) 71.41
D) Not enough information to tell

Question

Quizplus · Accepted Answer

The operating ratio is calculated by dividing operating expenses by operating revenue and then multiplying by 100 to get a percentage. So, ($10M / $14M) * 100 = 71.43%. The closest option provided is 71.41%, which is a slight rounding difference.

Looking at Your Profit and Loss Statement You Note That