e following ratios are computed from the financial statements of the Wattawa Company. Compute the missing amounts on the firm's financial statements. Quick Ratio 1.0 Current Ratio 1.5 Accounts Receivable Turnover 5 Debt Ratio 30% Times Interest Earned 3 Inventory Turnover 4 Note: 1) For ratios that call for an average balance, use the year-end value only. 2) All sales were on credit. Wattawa Company Income Statement For the year ended December 31, 2018 Sales ? Less: Cost of Goods Sold ? Gross Margin 500,000? Less: Operating Expenses ? E.B.I.T. 150,000? Less: Interest expense ? Net Income Before Taxes ? Less: Taxes @ 40% ? Net Income ? Wattawa Company Balance Sheet As of December 31, 2018 Cash ? Accounts Receivable ? Inventory ? Total Current Assets 750,000 Plant and Equipment, net ? Total Assets ? Accounts Payable (current liabilities) ? Bonds Payable ? Total Liabilities ? Stockholders' Equity Common Stock ? Retained Earnings 800,000 Total Stockholders' Equity ? Total Liabilities and Stockholders' Equity 2,000,000

How I can get the sales if the gross margin is not non?