A ratio that indicates a measure of operating efficiency for a utility is 1. Operating revenue to operating property. 2. Funded debt to operating property. 3. Operating ratio. 4. Percent earned on...

A ratio that indicates a measure of operating efficiency for a utility is

1. Operating revenue to operating property.

2. Funded debt to operating property.

3. Operating ratio.

4. Percent earned on operating property.

5. Long-term debt to operating property.