Ratio proficiency McDougal Printing, Inc. had sales staing 540.000.000 in fiscal year 2015 Some ratios for the company are listed below Use mes 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: McDougal Printing, Inc. Year Ended December 31, 2015 a. Gross profits Sales S40 000 000 5. Cost of goods 900 6. Operating prots Gross profit margin 80% . Operating expenses Operating profit margin Earnings available for common stockholders Net prontmargin 8% 1. Total assets Return on total assets 150% 9. Totalcommon stock equity Return on common equity h. Accounts receivable Total asset urnover 20 Average collection period 62.2 days a. The gross protts are found to the nearest dollar