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On a common size basis, how many years had operating margin (percent) higher than the...

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Accounting

On a common size basis, how many years had operating margin (percent) higher than the industry average?

ABC, Inc.
Industry
Year 1 Year 2 Year 3 Year 4 common size
Revenue 1,325,154 1,478,531 1,375,564 1,754,253 100%
Cost of sales 525,143 575,135 604,658 702,451 45%
Gross profit 800,011 903,396 770,906 1,051,802 55%
Operating expenses 725,124 725,468 795,453 845,245 45%
Operating income 74,887 177,928 (24,547) 206,557 10%
Interest expense 24,057 26,451 28,254 32,546 3%
Income before taxes 50,830 151,477 (52,801) 174,011 7%
Income taxes 20,332 60,591 - 69,604 3%
Net income 30,498 90,886 (52,801) 104,407 4%

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