core operating margin = ebitda margin ?

CFA Level II
#1

true?

#2

I have it listed as (Sales-COGS-SG&A) / Sales They are probably interchangeable unless there are other funny expenses thrown in there.

#3

"I have it listed as (Sales-COGS-SG&A) / Sales " this is operating income (EBIT)… we will need to add depreciation and amortization if given to get ebitda

#4

chowder Wrote: ------------------------------------------------------- > "I have it listed as (Sales-COGS-SG&A) / Sales " > > this is operating income (EBIT)… we will need to > add depreciation and amortization if given to get > ebitda No. That’s EBITDA. EBIT would additionally subtract D&A.