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The adjusted trial balance for Chiara Company as of December 31, 2017, follows.

	Debit			Credit
Cash	$	176,900
Accounts receivable		51,000
Interest receivable		22,600
Notes receivable (due in 90 days)		172,000
Office supplies		16,000
Automobiles		172,000
Accumulated depreciation—Automobiles				$	95,000
Equipment		136,000
Accumulated depreciation—Equipment					21,000
Land		78,000
Accounts payable					92,000
Interest payable					20,000
Salaries payable					17,000
Unearned fees					40,000
Long-term notes payable					156,000
Common stock					29,580
Retained earnings					266,220
Dividends		45,000
Fees earned					544,000
Interest earned					26,000
Depreciation expense—Automobiles		26,500
Depreciation expense—Equipment		22,000
Salaries expense		189,000
Wages expense		44,000
Interest expense		34,800
Office supplies expense		34,000
Advertising expense		62,000
Repairs expense—Automobiles		25,000
Totals	$	1,306,800		$	1,306,800

2. Calculate the profit margin for year 2017.

need help filling out this chart:

	Profit Margin Choose Numerator: / Choose Denominator: = Profit Margin Net income / = Profit margin / = 0

Answer 1

2) Profit margin

Choose numerator	/	Choose denominator	=	Profit margin
Net income	/	Net Sales	=	Profit margin
132700	/	570000	=	23.28%