A-LevelAccountingAnalysis and communication of accounting information9706/12 · Oct/Nov 2018 · Q201 Mark

A company's income statement shows the following. revenue $460 000 cost of sales $120000 administration expenses $54000 distribution costs $47000 finance charges $7000 What is the operating expenses to revenue ratio?

A21.96%

B23.48%

C48.04%

D49.57%

✓ Correct answer

A: 21.96%

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Topic: Analysis and communication of accounting information, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, Oct/Nov 2018 Paper 1 Variant 2, question 20.

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