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Find the operating ratio for a to z sales

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Reference no: EM131629272

Question: Find the operating ratio for A to Z Sales if the income statement for the month shows net sales, $173,200; cost of goods sold, $138,400; gross profit, $34,800; operating expenses, $16,300; net income, $18,500. Express answer to the nearest tenth of a percent.

Reference no: EM131629272

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