Pro forma balance sheet Peabody &Peabody has 2015 sales of $10 million. It wishes to analyze expected performance and financing needs for 2017, which is 2 years ahead. Given the following information, respond to parts a and b. (1) The percents of sales for items that vary directly with sales are as follows: P4-18 Accounts receivable, 12% Inventory, 18% Accounts payable, 14% Net profit margin, 3% 2) Marketable securities and other current liabilities are expected to remain unchanged