22 311 CI ) Question Help Ratio proficiency McDougal Printing, Inc., had sales totaling 544,000,000 in fiscal year 2019 Some ratios for the company are listed below. Use this information to determine the dollar values of various income statement and balance sheet accounts as requested Assume a 365-day year, McDougal Printing, Inc. Calculate values for the following Year Ended December 31, 2019 a. Gross profits Sales $44,000,000 b. Cost of goods sold c. Operating profits Gross profit margin 84% d. Operating expenses Operating profit margin 38% e. Earnings available for common stockholders Net profit margin 7% 1. Total assets Return on total assets 14.7% g. Total common stock equity Return on common equity 24% h. Accounts receivable Total asset turnover 2.1 Average collection period 63 3 days tion a. The gross profits are $7 (Round to the nearest dollar) stront urse (Pinda! Enter your answer in the answer box and then click Check Answer parts remaine Clear All CHCE Aer