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  3. Study Set
    Cornerstones of Cost Management Study Set 2
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    Exam 2: Basic Managerial Accounting Concepts
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    Figure 2-6
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Figure 2-6

Question 148

Question 148

Multiple Choice

Figure 2-6. Seaview Company took the following data from their income statement at the end of the current year.
Figure 2-6. Seaview Company took the following data from their income statement at the end of the current year.   Refer to Figure 2-6.What was gross margin for the year? A) $60,000 B) $100,000 C) $40,000 D) none of these Refer to Figure 2-6.What was gross margin for the year?


A) $60,000
B) $100,000
C) $40,000
D) none of these

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