FSA: operating income = EBIT

CFA Level II
#1

just to confirm, is it correct? THanks.

#2

yes

#3

According to Mock 1 q14 it’s EBITDA

#4

Thats the formula for core operating margin. Not sure why they used that instead. Core operating margin is sales-cogs-dep-amortization-R&D/sales. Have no idea why they used that instead of ebit/sales