60 USE THE FOLLOWING INFORMATION TO CONSTRUCT A BALANCE SHEET TO ANSWER QUESTIONS 44 through 47 Financial Data for Sninaway, Inc. (Unless otherwise noted, all data is for December 31, 2020) Number of shares outstanding 125,000 Average collection period (days) Sales $4,200,000 Accounts payable days Gross profit margin 25% Retained earnings (Dec 31, 2019) $402,000 Inventory turnover ratio Dividend payout ratio Notes payable $80,000 Accruals $20,000 Net profit margin 15% Current ratio 1.2 Return on assets 7.5% Debt ratio Percent of sales on credit 70% Par value per share $5.00 90 6 80% 40% Assume a 360-day year and assume that the only accounts on the balance sheet are those listed below. Fill in this chart with the data provided and then answer questions 44, 45, 46 and 47. 44. Cash 45. Total liabilities 46. Total shareholder equity 47. Total assets =