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XYZ, Inc. has sales of $ 40,000,000 by 2015. XYZ ratios are listed below. Sales $40,000,000 Gross Profit margin 80% Operating profit margin 35% Net

XYZ, Inc. has sales of $ 40,000,000 by 2015. XYZ ratios are listed below.

Sales

$40,000,000

Gross Profit margin

80%

Operating profit margin

35%

Net profit margin

8%

Return on total assets

16%

Return on common equity

20%

Total asset turnover

2

Average collection period

62.2 days

Use these ratios to determine the following values from the Income Statement and the Balance Sheet

a. Gross profit b. Cost of godos sold c. Operating profit d. Operating expenses e. Earnings available for common stockholders f. Total assets g. Total common stock equity h. Account receivable

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