Using the following information taken from the 2020 balance sheet and income statement for Urban Outfitters, develop a strategic profit model. (Figures are in thousands of dollars.)

\begin{tabular}{lr} \hline & \multicolumn{1}{c}{ Thousands } \\ \hline Total revenue & $3,983,789,000 \\ Cost of revenue & 2,743,963,000 \\ Gross profit & 1,239,826,000 \\ Operating expenses & 1,071,750,000 \\ Inventory & 409,534,000 \\ Accounts receivable & 88,288,000 \\ Other current assets & 122,282,000 \\ Fixed assets & 2,262,237,000 \\ Cash on hand & 433,292,000 \\ \hline \end{tabular}