Question
 From the above information, calculate the operating
ratio. Refer to the following information to answer the next 4 questions (Q5 to Q8) ÂSolution
Operating ratio = (Cost of goods sold + operating expenses) / sales *100                        Cost of goods sold (COGS) = opening stock + purchases + carriage and freight + wages – closing stock = 76,250 + 315,250 + 2000 + 5000 – 98,500 = 3,00,000  Operating expenses = admin expenses + selling and dist. Expenses                                    = 1,01,000 + 12,000                                    = 1,13,000  Operating ratio = (3,00,000 + 1,13,000) / 5,00,000 *100                        = 82.6%
The major component of honey is-
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The stage of a lake's life cycle is characterized by a shallow, warmer body of water with abundant nutrients supporting significant plant and animal pop...
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