Find the operating ratio for sols dry goods if the income
Find the operating ratio for Sol's Dry Goods if the income statement for the month shows net sales,$15500;cost of goods sold,$8500; gross profit, $7000; operating expenses, $3500; net income, $4500. Express results to the nearest tenth of a percent.
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find the operating ratio for sols dry goods if the income statement for the month shows net sales15500cost of goods
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