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Required information The following information applies to the questions displayed below The adjusted trial balance for Chiara Company as of December 31, 2017, follows Credit

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Required information The following information applies to the questions displayed below The adjusted trial balance for Chiara Company as of December 31, 2017, follows Credit Debit $ 56,600 53,000 20,600 173,000 Cash Accounts receivable Interest receivable Notes receivable (due in 90 days) Office supplies 16,500 172,000 Automobiles Accumulated depreciation- Automobiles Equipment Accumulated depreciation-Equipment Land Accounts payable Interest payable Salaries payable Unearned fees $ 90,000 142,000 24,000 78,000 102,000 15,000 17,000 34,000 148,000 28,580 257,220 Long-term notes payable Common stock Retained earnings Dividends Fees earned 54,000 464,000 24,000 Interest earned Depreciation expense-Automobiles Depreciation expense-Equipment Salaries expense Wages expense Interest expense Office supplies expense Advertising expense Repains expense Automobiles 28,000 18,500 189,000 43,000 31,800 36,000 63,000 28,808 Totals $1,293,800 $1,263,800 K Prev to search 2. Calculate the profit margin for year 2017 Profit Margin Choose Denominator:Profit Margin Profit margin Choose Numerator:I ype here to search N . e eet 18 Friday of the Second

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