Accounting 9706 · AS & A Level · Analysis and communication of accounting information

Analysis and communication of accounting information — practice question

The following figures are shown in a company’s income statement: revenue $460\,000 cost of sales $120\,000 administration expenses $54\,000 distribution costs $47\,000 finance charges $7\,000 What is the ratio of operating expenses to revenue?

  • A21.96%
  • B23.48%
  • C48.04%
  • D49.57%

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