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An animal lover and his 10-year-old pet goat have been turning heads around a city by going on daily walks together.<br/><br/>David Hughes, 47, has been walking his large pygmy goat named Boo around their local estates and parks for the last nine years.<br/><br/>Boo developed osteoarthritis when he was one and David decided to take the him out on regular walks to keep him moving.<br/><br/>The pair have to stick to a set route which has been approved by a vet on their adventures around Milton Keynes, Bucks.<br/><br/>David, a technical engineer, said even though he's been walking Boo for nine years, there are still people who haven't seen him before.<br/><br/>He said: \
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One of the last remaining 'Pearly Kings' who was the inspiration behind Del Boy is fighting to keep the Cockney tradition alive - saying there are only around 12 left.<br/><br/>George Major, 86, who was crowned The Pearly King of Peckham more than 65 years ago, said there were once more than 400 like him.<br/><br/>But he says he is now only one of around a dozen left carrying the torch. <br/><br/>He still wears his original pearls with pride to welcome visitors six days a week at the world's only Cockney museum that he set up four years ago.<br/><br/>But he said the younger generation were shying away from the east end Victorian tradition - and it was now in grave danger of dying out for good.<br/><br/>And launching his new campaign to 'save the pearlies' he said it was vital more awareness of its history and meaning was passed down.<br/><br/>George grew up working on the market in the south-London suburb from the age of four and was such a major inspiration behind the classic sitcom Only Fools and Horses he was named “Del Boy the First”. <br/><br/>He recalls being followed at the time by the show's writer John Sullivan while he worked as a costermonger with 'Granddad Fred' and a 'lanky bloke' they called the 'plonker.'<br/><br/>The similarities don't end there - with multiple tales of his exploits being used on the show. <br/><br/>He famously once sold 'Cockney smog' - milk bottles filled with exhaust fumes - to American tourists - that's believed to be the inspiration behind the famous 'Peckham Spring' episode.<br/><br/>He was crowned the Pearly King of Peckham aged 20 - and has been collecting items ever since.<br/><br/>George now spends his days showing visitors around his museum near Epsom, Surrey, and taking his cheerful pearly way to groups, events and nursing homes - but said he was sad schools no longer invited him in for talks.<br/><br/>He said: “In 1930 there were around 400 genuine pearlies but now there are only about a dozen or so of us left.<br/><br/>“The museum helps to keep the Pearly tradition alive by teaching new generations about it.<br/><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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