#  A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  W  V  X  Y  Z

Operating Ratio represents the efficiency of a company management.
Operating Ratio is calculated by dividing operating expenses by net sales.
The greater the operating ratio, the lower the company’s capability to generate profit if revenues decrease.