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Part $1$

Ratio proficiency$$McDougal$$ Printing, Inc., had sales totaling $ $44$ comma $000$ comma $000$ in fiscal year $2015.$ 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.

Calculate values for the following:

a$.$ Gross profits

b$.$ Cost of goods sold

c$.$ Operating profits

d$.$ Operating expenses

e$.$ Earnings available for common stockholders

f$.$ Total assets

g$.$ Total common stock equity

h$.$ Accounts receivable

a$.$ The gross profits are $$.($Round to the nearest dollar.$)$