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K& B toy company table [ [ , , Year 1 , , Year 2 , , Year 3 ] , [ Sales ,

K& B toy company
\table[[,,Year 1,,Year 2,,Year 3],[Sales,$,?bar(100,000),$,120,000,$,90,000],[COGS,$,50,000,$,60,000,$,40,000],[Gross,$,50,000,$,60,000,$,50,000],[Operating income,$,15,000,$,18,000,$,10,000],[Net income,$,5,000,$,10,000,$,9,000]]
For the following questions, calculate the answer showing the work. Then briefly tell me what seems to be occurring.
10
What is the Gross margin for all three years?
11
What is the operating margin for all three years?
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