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Vintage Milis's income statement appears as follows (amounts in thousands) Click the icon to view the income statement) Use the following ratio data to complete

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Vintage Milis's income statement appears as follows (amounts in thousands) Click the icon to view the income statement) Use the following ratio data to complete Vintage Mills income statement 1. Inventory turnover was 4.10 (beginning Merchandise Inventory was $830, ending Merchandise Inventory was $790) 2. Profit margin ratio is 12% (Enter amounts in thousands as provided to you in the problem statement. Round your answer to the nearest thousands) Vintage Mills Income Statement Income Statement Year Ended December 31, 2018 in thousands) Net Sales Revenue Vintage Mills 7.100 Income Statement Cost of Goods Sold Selling and Administrative Expenses Year Ended December 31, 2018 1.700 Net Sales Revenue Interest Expense 7100 Other Expenses Cost of Goods Sold 1.700 Income Before Income Taxes Selling and Administrative Expenses Income Tax Expense Interest Expense Other Expenses Net Income income Before Income Taxes 1.400 Enter any number in the edit fields and then continue to the ne Income Tax Expense Net Income $ 140 1,400 140

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