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Pro forma balance sheet Peabody​ & Peabody has 2019 sales of $10.7 million. It wishes to analyze expected performance and financing needs for 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: Accounts​ receivable;12.4% ​, ​Inventory;18.3% ​; Accounts​ payable,14.4% ​; Net profit​ margin,3.4% . ​(2) Marketable securities and other current liabilities are expected to remain unchanged. ​(3) A minimu

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