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The LBX is the smallest model in the Lexus range and the luxury lifestyle brand’s first B-segment SUV, helping Lexus to expand its range to meet the needs of a diverse and growing customer base.<br/><br/>The two-grade LBX range opens from $47,550 plus on-road costs for the LBX Luxury 2WD, providing strong value thanks to its highly specified standard equipment.<br/><br/>Luxury grade is identifiable by 18-inch alloy wheels with a mixed dark grey and bright machined finish, LED headlamps with Adaptive High-beam System, rear spoiler and privacy glass, and a two-tone body finish including a black roof.<br/><br/>Inside, the LBX Luxury has black NuLux®7 upholstery for the seats, steering wheel, door and instrument panel trim, front and rear carpet floor mats, heated front seats, dual-zone climate control with remote function, Qi wireless phone charging pad, auto-dimming rearview mirror, ambient interior lighting, smart entry & start and a powered tailgate.<br/><br/>Multimedia connectivity is enabled by a 9.8-inch touchscreen display with satellite navigation, paired with a six-speaker Panasonic audio system compatible with wireless Apple CarPlay® and wireless Android Auto™. Three front and two rear USB-C ports as well as front and rear 12V accessory sockets provide extra connectivity and charging options.<br/><br/>The Lexus Safety System+ provides a comprehensive suite of safety features, which is designed to help provide protection for drivers, passengers, and other road users.<br/><br/>Sports Luxury grade is differentiated from the outside by unique black 18-inch alloy wheels and a unique ornamentation film on the rear pillar which combines thin strips of gloss and non-gloss finish to create a stylish geometric expression.
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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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