calculate gross percentage...

44 Calculate gross margin and gross margin percent. 44.Calculate gross margin and gross margin percent. Pioneer Industries gathered the following year-end data (in thousands) for 2006 and 2005: 2006 2005 Current Assets Long-Term Assets Current Liabilities Long-Term Liabilitics Owners' Equity Net Sales Gross Margin Net Income S345 S365 790 720 280 310 410440 445 335 830790 375 355 105 120 45.31. The gross margin percentage for 2006 was: 23