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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 happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach

Andrea Schildbach

Learning Outcome Statements

describe fixed-income market segments and their issuer and investor participants

CFA® 2025 Level I Curriculum, Volume 4, Module 3.