1. **State the problem:** Calculate various financial values for a multinational company with given sales and financial ratios for the year 2024. 2. **Given data:** - Sales = 50,000,000 - Gross profit margin = 75% = 0.75 - Operating profit margin = 30% = 0.30 - Net profit margin = 10% = 0.10 - Return on total assets = 15% = 0.15 - Return on common equity = 18% = 0.18 - Total asset turnover = 2.5 - Average collection period = 45 days 3. **Formulas and explanations:** - Gross profit = Sales \times Gross profit margin - Cost of goods sold (COGS) = Sales - Gross profit - Operating profit = Sales \times Operating profit margin - Operating expenses = Gross profit - Operating profit - Net income (Earnings available for common stockholders) = Sales \times Net profit margin - Total assets = Sales / Total asset turnover - Total common stock equity = Net income / Return on common equity - Accounts receivable = (Average collection period / 365) \times Sales 4. **Calculations:** **a. Gross profit:** $$\text{Gross profit} = 50,000,000 \times 0.75 = 37,500,000$$ **b. Cost of goods sold:** $$\text{COGS} = 50,000,000 - 37,500,000 = 12,500,000$$ **c. Operating profits:** $$\text{Operating profit} = 50,000,000 \times 0.30 = 15,000,000$$ **d. Operating expenses:** $$\text{Operating expenses} = 37,500,000 - 15,000,000 = 22,500,000$$ **e. Net income (Earnings available for common stockholders):** $$\text{Net income} = 50,000,000 \times 0.10 = 5,000,000$$ **f. Total assets:** $$\text{Total assets} = \frac{50,000,000}{2.5} = 20,000,000$$ **g. Total common stock equity:** $$\text{Total common stock equity} = \frac{5,000,000}{0.18} \approx 27,777,778$$ **h. Accounts receivable:** $$\text{Accounts receivable} = \frac{45}{365} \times 50,000,000 \approx 6,164,384$$ 5. **Summary of results:** - Gross profit = 37,500,000 - Cost of goods sold = 12,500,000 - Operating profits = 15,000,000 - Operating expenses = 22,500,000 - Net income = 5,000,000 - Total assets = 20,000,000 - Total common stock equity = 27,777,778 - Accounts receivable = 6,164,384 These calculations use the given ratios and sales to find the requested financial values.