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* wicy Roselawn Company reported net sales of $90,000 and net income of $18,000 for the year ended December 31, 2019. The company reported net
* wicy Roselawn Company reported net sales of $90,000 and net income of $18,000 for the year ended December 31, 2019. The company reported net sales of $100,000 and net income of $20,000 for the year ended December 31, 2020. Total assets amounted to $200,000 at December 31, 2019 and $246,000 at December 31, 2020. The company's profit margin for the year ended December 31, 2020 (rounded to the nearest decimal point) is: 9.0% 21.1% 20.0% 125.5%
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