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    Business
  3. Study Set
    Century 21 Accounting
  4. Exam
    Exam 17: Financial Statement Analysis
  5. Question
    Alpha Company's Target Range for Its Total Operating Expense Ratio
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Alpha Company's Target Range for Its Total Operating Expense Ratio

Question 25

Question 25

True/False

Alpha Company's target range for its total operating expense ratio is between 32.0% and 34.0%. A decline in its operating expense ratio from thus, from 35.1% to 34.2% is a favorable trend.

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