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Wilson Company Income Statement Year Ended December 31, 2019 Revenue: Sales $187,000 Less Expenses: Wages 127,000 Rent 11,000 Utilities 7,000 Insurance 5,000 Depreciation 1,200 Miscellaneous

Wilson Company Income Statement

Year Ended December 31, 2019

Revenue:
Sales $187,000
Less Expenses:
Wages 127,000
Rent 11,000
Utilities 7,000
Insurance 5,000
Depreciation 1,200
Miscellaneous 1,550
Income Before Taxes 52,750
Less Taxes @35% 18,463
Net Income $34,287

If the profit margin for the year ended December 31, 2018 was 16.0%, does the year ended December 31, 2019 profit margin from the income statement above show a positive (increase) or negative (decrease) trend from 2018 through 2019?

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