Use the information provided about Voligny Inc. (Voligny) to determine the missing information from its December 31,

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Use the information provided about Voligny Inc. (Voligny) to determine the missing information from its December 31, 2017 balance sheet and for the income statement for the year ended December 31, 2017. For all final amounts determined for the balance sheet and income statement, round to thousands of dollars.

Use the information provided about Voligny Inc. (Voligny) to determine

Additional information:
€¢ No dividends were paid during the year.
€¢ There are no preferred shares outstanding.
€¢ All sales and purchases of inventory are on credit.
€¢ No new common shares were issued during the year and no common shares were repurchased during the year.
€¢ Tax rate? 20%.
€¢ Gross margin percentage? 45%.
€¢ Profit margin percentage? 10%.
€¢ Interest coverage ratio? 4.906
€¢ EPS? $0.75.
€¢ Inventory turnover ratio? 2.716.
€¢ Accounts receivable turnover ratio? 7.547.
€¢ Accounts payable turnover ratio? 7.222.
€¢ Debt-to-equity ratio? 0.586.
€¢ Current ratio?4.293.

Inventory Turnover Ratio
Inventory Turnover RatioThe inventory turnover ratio is a ratio of cost of goods sold to its average inventory. It is measured in times with respect to the cost of goods sold in a year normally.    Inventory Turnover Ratio FormulaWhere,...
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