978-0-13-350769-

5 P4-18 Pro forma balance sheet Randy & Wiskers Enterprises reported sales of $15.s lion for the 2015 financial year. In order to identify the financial needs for the20a G financial year, you were requested to compile a pro forma balance sheet. The bala sheet as of December 31, 2015 (shown on the next page) and other additional mation are as follows. Additional information (1) The balance sheet items wary di:ecrly with sales: Accounts receivable (15%,b ventory (15%), Accounts payabic i10%), and net profit margin (2%). (2) All other balance sheet items remain unchanged