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Or is Done not file this form unless the corporation has filed attaching Form 2553 to elect to be an S corporation the latest information Go to www.irs.govlFormll2OSlor instructions and)aca6ndrYear
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OR is stands for Operating Ratio, which is a financial metric used to evaluate the efficiency of a company's operations.
Companies in the transportation industry, such as railways, are required to file Operating Ratio.
To fill out Operating Ratio, companies need to calculate their operating expenses and divide it by their operating revenue.
The purpose of Operating Ratio is to measure how well a company is managing its expenses in relation to its revenue.
Operating expenses and operating revenue are the main information that must be reported on Operating Ratio.
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