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64% Ratio proficiency McDougal Printing, Inc., had sales totaling $47,000,000 in fiscal year 2019. Some ratios for the company are listed below. Use this information

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64% Ratio proficiency McDougal Printing, Inc., had sales totaling $47,000,000 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 $47.000.000 b. Cost of goods sold Gross profit margin c. Operating profits Operating profit margin 35% d. Operating expenses e. Eamings available for common stockholders Net profit margin Total assets Return on total assets 16.8% 9. Total common stock equity Return on common equity h. Accounts receivable Totalassotturnover Average collection period 54. 3 days 24% a. The gross profits are $ (Round to the nearest dollar) b. The cost of goods sold is $ (Round to the nearest dollar.) c. The operating profits are $ (Round to the nearest dollar) d. The operating expenses are $ (Round to the nearest dollar) .. The earnings available for common shareholders are $ (Round to the nearest dollar.) 1. The total assets are $ (Round to the nearest dollar) Enter your answer in each of the answer boxes

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