`"Gross Operating Profit Margin (Operating Efficiency Ratio) " = "Gross Operating Profit" / "Total Revenue" `
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Operating Efficiency Ratio - A ratio that shows the efficiency of a company's management by comparing operatingexpense to net sales.
Resource:
- Dopson, Lea R., and David K. Hayes. Managerial Accounting for the Hospitality Industry. Hoboken, NJ: Wiley, 2009. Print.
- "Operating Ratio Definition | Investopedia." Investopedia. N.p., 25 Nov. 2003. Web. 06 Aug. 2015.