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 net expense ratio, the gross expense ratio does not reflect any fee waivers in effect during the time period. Often referred to as the Audited Gross Expense Ratio, Morningstar pulls the annual gross expense ratio from the fundâs audited annual report.