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comment on the trend of ratios results a. operating ratio= operating expense/ operating revenue 2020 =455,000/795,000 2019 =440,000/1,700,000 2018 =395,000/555,000 = 57.23% =25.88% =71.17% comment:

comment on the trend of ratios results
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a. operating ratio= operating expense/ operating revenue 2020 =455,000/795,000 2019 =440,000/1,700,000 2018 =395,000/555,000 = 57.23% =25.88% =71.17% comment: b. revenue per passenger mile = revenue/total passenger miles 2020 2019 2018 795,000/5,544,000 1,700,000/5,500,000 555,000/5,250,000 =0.14 $ =0.31$ =0.11 $ comment: C. operating property turnover = operating revenuel operating property 2020 2019 2018 = 295,000/220,000 =1,700,000/205,000 =555,000/195,000 =361.36% =829.26% =284.61% comment

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