product packaging; bubble packaging, at bubble pack; postage and packaging; postage and packaging, at postage and packing; package; bubble packaging, at bubble wrap; bubble packaging, at blister pack
The efficiency ratio indicates the expenses as a percentage of revenue, with a few variations â it is essentially how much a corporation or individual spends to make a dollar; entities are supposed to attempt minimizing efficiency ratios. The concept typically applies to banks. It relates to operating leverage, which measures the ratio between fixed costs and variable costs.
In contrast to the gross expense ratio, the net expense ratio does reflect fee waivers in effect during the time period, and does not include interest and dividends on borrowed securities. The expense ratio does not reflect the fundâs brokerage costs or any investor sales charges.