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Zara Inc., had sales totaling $20000000 in fiscal year 2020. Some ratios for the company are listed below. Use this information to calculate the dollar

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Zara Inc., had sales totaling $20000000 in fiscal year 2020. Some ratios for the company are listed below. Use this information to calculate the dollar values of different income statement and balance sheet accounts. Zara Inc. Year ended December 31, 2020 Gross profit margin 0.5 Operating Profit margin 0.4 Net profit margin 0.07 Debt ratio 0.25 Current ratio 1.5 Total asset turnover 2 Average collection period 40 What is the company's gross profit? What is the company's gross profit? 12000000 What is the company's cost of goods sold? 8000000 What is the company's operating profit? 6000000 What is the company's operating expenses? 6000000 What is the company's eamings available for common stockholders? 1600000 What is the company's total assets? 10000000 What is the company's total liabilities? 3500000 What is the company's account receivables? 2739726.03 What is the company's total stockholders' equity

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