Ratio proficiency McDougal Printing, Inc., had sales totaling $45,000,000 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. Calculate values for the following: McDougal Printing, Inc. Year Ended December 31, 2019 a. Gross profits $45,000,000 b. Cost of goods sold Sales Gross profit margin 82% c. Operating profits d. Operating expenses Operating profit margin 34% e. Earnings available for common stockholders Net profit margin 9% f. Total assets Return on total assets 16.2% g. Total common stock equity 24% h. Accounts receivable Return on common equity Total asset turnover 1.8 Average collection period 55.5 days