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Supreme Court Considers Letting Cities , Punish Homeless for Sleeping Outside.<br/>On April 22, the Supreme Court will hear a case out of Grants Pass, Oregon, which has a population of less than 40,000, NPR reports. .<br/>'Grants Pass v. Johnson' seeks to challenge two <br/>9th U.S. Circuit Court of Appeals rulings which found fining or jailing the unhoused to be cruel and unusual punishment when they have no other alternative.<br/>'Grants Pass v. Johnson' seeks to challenge two <br/>9th U.S. Circuit Court of Appeals rulings which found fining or jailing the unhoused to be cruel and unusual punishment when they have no other alternative.<br/>But Grants Pass argues that public health and safety are dependent on camping restrictions that are commonly found across America. .<br/>The city contends that homeless encampments pose a danger to those living <br/>in them, as well as to families and children.<br/>This is because the encampments <br/>are often filled with people who need <br/>mental health and drug addiction resources.<br/>Advocates for the unhoused say that criminalizing sleeping outside is counterproductive. .<br/>Punishing someone for doing <br/>something they have no control <br/>over, no ability to not do, is not <br/>going to end that status. In fact, <br/>not only does criminalization not <br/>work, it makes matters worse. , Ed Johnson of the Oregon Law Center, via NPR.<br/>A criminal record and debt from fines would make it even more difficult for a homeless person to find housing, says Ed Johnson of the Oregon Law Center.<br/>But many cities don't have <br/>enough permanent housing to offer.<br/>Grants pass could use about 4,000 more housing units, while the national <br/>\
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The operating ratio is a financial metric that measures a company's operating expenses as a percentage of its total revenue. It provides insights into the efficiency of a company's operations by indicating how much of its revenue is consumed by operating costs. A lower operating ratio generally indicates better operational efficiency and profitability.<br/><br/>The formula for calculating the operating ratio is as follows:<br/><br/>Operating Ratio<br/>=<br/>Operating Expenses<br/>Total Revenue<br/>×<br/>100<br/>%<br/>Operating Ratio= <br/>Total Revenue<br/>Operating Expenses<br/>​<br/> ×100%<br/><br/>Here's a breakdown of the components:<br/><br/>Operating Expenses: These are the expenses directly related to the company's core business operations, excluding non-operating expenses such as interest and taxes. Operating expenses typically include costs such as cost of goods sold (COGS), selling and administrative expenses, and depreciation.<br/>Total Revenue: This represents the company's total sales or revenue generated from its primary business activities before deducting any expenses.<br/>By dividing operating expenses by total revenue and expressing the result as a percentage, the operating ratio shows the proportion of revenue that is used to cover operating costs. A lower operating ratio indicates that the company is able to generate more revenue relative to its operating expenses, suggesting greater operational efficiency and profitability.<br/><br/>Conversely, a higher operating ratio suggests that a larger portion of the company's revenue is consumed by operating expenses, which may indicate lower profitability and efficiency. However, it's important to interpret the operating ratio in the context of the company's industry, size, and business model, as different industries and companies may have varying levels of operating expenses.<br/><br/>Overall, the operating ratio is a useful measure for assessing a company's operational efficiency and cost management. It is commonly used by investors, analysts, and managers to evaluate a company's financial performance and compare it to industry peers.
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