- CFA Exams
- CFA Level I Exam
- Topic 3. Financial Statement Analysis
- Learning Module 17. Financial Statement Modeling
- Subject 2. Income Statement Modeling: Costs
CFA Practice Question
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
Correct Answer: B
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