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Base Questions 32-36 on the following: 2016 Revenue 22,000 COGS 18,000 Gross Profit 4,000 SG&A 1,200 Depreciation 500 Operating Income 2,300 Interest Expense 1,000 Current

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Base Questions 32-36 on the following: 2016 Revenue 22,000 COGS 18,000 Gross Profit 4,000 SG&A 1,200 Depreciation 500 Operating Income 2,300 Interest Expense 1,000 Current portion LTD 2,400 Long Term Debt 6,000 32. What is gross margin in 2019? 2019 23,000 18,800 4,200 1,300 500 2,400 1,000 2,000 4,000

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