Knowles & Foreman Company took the following data from its income statement at the end of the current year:
-
What was gross margin for the year?

A) $60,000
B) $100,000
C) $41,200
D) None of these

Name: Knowles & Foreman Company took the following data from its income statement at the end of the current year: - What was gross margin for the year? A) $60,000 B) $100,000 C) $41,200 D) None of these
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Question

Knowles & Foreman Company took the following data from its income statement at the end of the current year: 
-
What was gross margin for the year?

A) $60,000 
B) $100,000 
C) $41,200 
D) None of these

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Knowles & Foreman Company Took the Following Data from Its