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Historic Mills's income statement appears as follows (amounts in thousands): (Click the icon to view the income statement.) Use the following ratio data to complete
Historic Mills's income statement appears as follows (amounts in thousands): (Click the icon to view the income statement.) Use the following ratio data to complete Historic Mills' income sta 1. Inventory turnover was 4.10 (beginning Merchandise Inventor 2. Profit margin ratio is 10%. Enter amounts in thousands as provided to you in the problem i Income Statement Historic Mills Income Statement Year Ended December 31, 2018 (in thousands) Historic Mills Income Statement Year Ended December 31, 2018 $ 7,000 Net Sales Revenue Cost of Goods Sold Selling and Administrative Expenses Interest Expense Other Expenses Income Before Income Taxes Income Tax Expense Net income Net Sales Revenue S 7,000 Cost of Goods Sold Selling and Administrative Expenses Interest Expense Other Expenses Income Before Income Taxes Income Tax Expense Net Income 1,800 1,800 160 160 1,325 1,325 Print Done Enter any number in the edit fields and then continue to the n O Type here to search # 1 Historic Mills's income statement appears as follows (amounts in thousands): (Click the icon to view the income statement.) Use the following ratio data to complete Historic Mills' income sta 1. Inventory turnover was 4.10 (beginning Merchandise Inventor 2. Profit margin ratio is 10%. Enter amounts in thousands as provided to you in the problem i Income Statement Historic Mills Income Statement Year Ended December 31, 2018 (in thousands) Historic Mills Income Statement Year Ended December 31, 2018 $ 7,000 Net Sales Revenue Cost of Goods Sold Selling and Administrative Expenses Interest Expense Other Expenses Income Before Income Taxes Income Tax Expense Net income Net Sales Revenue S 7,000 Cost of Goods Sold Selling and Administrative Expenses Interest Expense Other Expenses Income Before Income Taxes Income Tax Expense Net Income 1,800 1,800 160 160 1,325 1,325 Print Done Enter any number in the edit fields and then continue to the n O Type here to search # 1
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