"Higher the ratio, the more favourable it is." This presumption does not apply to:

CS Executive · Cost and Management Accounting · PYQS · December 2020
"Higher the ratio, the more favourable it is." This presumption does not apply to:
(A) Operating ratio
(B) Stock turnover ratio
(C) Gross profit ratio
(D) Net profit ratio

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Financial Analysis

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