Assertion (A) : A high operating ratio indicates a favourable position.
Reasoning (R) : A high operating ratio leaves a high margin to meet non operating expenses.

1
(A) and (R) both are correct and (R) correctly explains (A).
2
Both (A) and (R) are correct but (R) does not explain (A).
3
Both (A) and (R) are incorrect.
4
(A) is correct but (R) is incorrect.

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