Question : What is the formula of the Operating ratio choose the correct option: (A)Cost of revenue from operations + Selling Expenses/Net revenue from operations (B) Cost of production + Operating Expenses/Net revenue from operations (C) Cost of revenue from operations + Operating Expenses/Net Revenue from Operations
Option 1: Option A
Option 2: Option B
Option 3: Option C
Option 4: None of them
Correct Answer: Option C
Solution : Operating Ratio =(Cost of revenue from operations + Operating Expenses) / Net Revenue from Operations By comparing a company's total operating expense to net revenues, the operational ratio demonstrates the management effectiveness of that business. Hence option 3 is the correct answer.
Question : What is the formula for the Operating ratio?
Option 1: Cost of Production/Net revenue from operations.
Option 2: Cost of production + Operating Expenses/Net revenue from operations
Option 3: Cost of revenue from operations + Operating Expenses/Net Revenue from Operations
Option 4: None of the above
Question : Which of the following could be classified under the top level of management?
Option 1: Production manager
Option 2: Foreman
Option 3: Production supervisors
Option 4: CEO (chief executive officer)
Question : It fills the gap by carrying goods from place of production to place of consumption. Which function of marketing is highlighted in the given statement?
Option 1: Customer support service
Option 2: Transportation
Option 3: Physical distribution
Question : It refers to a policy of replacement or substitution of imports by domestic production.
Option 1: Industrial policy
Option 2: Industrial licensing
Option 3: Foreign trade policy
Option 4: Import substitution
Question : The Green Revolution in India led to a significant increase in the production of:
Option 1: Pulses
Option 2: Oilseeds
Option 3: Wheat and rice
Option 4: Cotton
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