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Ber [7]
3 years ago
12

A set of financial states made every 3 months is called a .

Business
1 answer:
raketka [301]3 years ago
7 0

Answer:

Quarterly statement.

Explanation:

A quarterly statement happens 4 times a year (every 3 months).

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The operating ratio is the ratio of operating expense to the operating or revenue generated.

This ratio is used for comparison of results from the operations of various industries.

Given that the operating ratio of 78% and the operating revenue is $4.6B, the operating expense T may be computed as

78% = T/4.6 * 100%

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