Au Courant Bakery is a new firm specializing in gluten free pastry products. In attempting to determine what the financial position of the firm should be, the financial manager obtained the following average data for the baking industry for 2017. All data is expressed as a percentage of sales.
Fill in the dollar amounts on Au Courant's pro forma balance sheet assuming 2015 sales are $450,000.
Au Courant Bakery
Pro Forma Balance Sheet
December 31, 2017
Cash, 2.22% Accounts payable, 6.67%
Accounts receivable , 2.78% Long-term debt , 6.67%
Inventory , 3%
Total current assets ? Common equity, ?
Fixed assets ? Total liabilities and equity, ?
Total assets , 33%

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The Answer of Au Courant Bakery is a new firm specializing in gluten free pastry products. In attempting to determine what the financial position of the firm should be, the financial manager obtained the following average data for the baking industry for 2017. All data is expressed as a percentage of sales.
Fill in the dollar amounts on Au Courant's pro forma balance sheet assuming 2015 sales are $450,000.
Au Courant Bakery
Pro Forma Balance Sheet
December 31, 2017
Cash, 2.22% Accounts payable, 6.67%
Accounts receivable , 2.78% Long-term debt , 6.67%
Inventory , 3%
Total current assets ? Common equity, ?
Fixed assets ? Total liabilities and equity, ?
Total assets , 33%

Au Courant Bakery Is a New Firm Specializing in Gluten