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Basic Question 0 of 3
Operating margin is calculated as:
A. (Net Income / Sales) * 100
B. (Operating Income / Sales) * 100
C. (Sales / Operating Income) * 100
D. (Gross Profit / Sales) * 100
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!

Barnes
Learning Outcome Statements
explain how deferred tax liabilities and assets are created and the factors that determine how a company's deferred tax liabilities and assets should be treated for the purposes of financial analysis
CFA® 2025 Level I Curriculum, Volume 3, Module 9.