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- 2013-8-21
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Operating Income Reading 53 verses Reading 25
| Did anyone notice that in the ratios section of reading 53 page 198 includes Operating Income/Sales which defines operating income as (sales - Cost of Goods Sold (before depreciation and amort) - sg&a - R&D) or (just EBIT + Depreciation and Amort)? This seems to conflict with reading 25 in FSA where it consistently defines operating income/profit as EBIT (page 293). I suppose in the exam we’ll have to plug both and see which answer is given. Please advise on any feedback. |
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发表于 2013-4-4 00:27
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