Operating Ratio: Definition and Formula for Calculation.

What is an operating ratio? How do you calculate an operating ratio? How do you find the operating percentage? Operating margin, or operating income margin, is a company’s operating income divided by its revenue. The operating income is a company’s total revenue minus its cost of goods sold and operating expenses. To calculate a company’s … Read more

International Maritime Organization (IMO).

The International Maritime Organization (IMO) is a specialized agency of the United Nations that is responsible for regulating shipping. The IMO was established in 1948, and it currently has 174 member states. The IMO’s headquarters are located in London, United Kingdom. The IMO’s primary goal is to promote safety and security at sea, as well … Read more