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10. Conner Co. has Sales of $35 million, COGS of $19 million, Overhead of $7 million, Interest Expense of $2 million, Depreciation & Amortization of

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10. Conner Co. has Sales of $35 million, COGS of $19 million, Overhead of $7 million, Interest Expense of $2 million, Depreciation & Amortization of $3 million and Capital Expenditures (Capex) of $4 million. What is its Gross Margin? O $16 million 0 45.7% O $12 million $9 million

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