USE THE FOLLOWING INFORMATION TO CONSTRUCT A BALANCE SHEET TO ANSWER QUESTIONS 28 through 30 28. Cash = ____________. 29. Long-term debt = ____________. 30. Total assets =____________. Sales $ 2,000,000 Gross profit margin 20% Inventory turnover ratio (Cost of goods sold/Inventory) 25 Net profit margin 4% Average collection period 45 Return on equity 25% Accumulated depreciation $ 75,000 Return on assets 12.5% Accounts payable days 18 Notes payable $ 18,000 Gross fixed assets $ 400,000 Percent of sales on credit (remainder are cash sales) 80%