Can I get help of how to reach the percentage please Instea

Bluth, Inc. Balance Sheet, Dec. 31, 2015 Assets Liabilities +Equity $10,000 Accounts Payable 25,000 Notes Payable 20,000 Accrued Expenses Cash Acct. Rec. Inventory Prepaid Exp. Total Current Assets Fixed Assets Accum. Dep. Total Assets 2,000 57,000 32,000 4,000 85,000 $10,500 10,000 11,000 15,000 38,500 85,000 Long-Term Debt Common Equity Total Liabilities and Equity Bluth\'s net sales for 2015 were $150 million. Sales growth is expected to be 25 percent in 2016, and all current asset and current liability accounts will have the same percentage of sales as in 2015. Net fixed assets will remain the same dollar amount. There is a 100 percent dividend payout ratio. Prepare a pro forma balance sheet for 2016.

Solution

sales of 2015

150000

sales of 2016

150000*(1.25)

187500

2015

% of 2015 sales = (item value/sales of 2015)*100

2016-%of 2016 sales = % of item of 2015 sales*value of sales of 2015

2016

cash

10000

6.67%

187500*6.67%

12506.25

Accounts receivables

25000

16.67%

187500*16.67%

31256.25

Inventory

20000

13.33%

187500*13.33%

24993.75

prepaid expenses

2000

1.33%

187500*1.33%

2493.75

total current assets

57000

38.00%

187500*38%

71250

fixed assets

32000

21.33%

187500*21.33%

39993.75

less accumulated depreciation

-4000

-2.67%

187500*-2.67%

-5006.25

total assets

85000

56.67%

187500*56.67%

106256.3

sales of 2015		150000
sales of 2016	150000*(1.25)	187500
	2015	% of 2015 sales = (item value/sales of 2015)*100	2016-%of 2016 sales = % of item of 2015 sales*value of sales of 2015	2016
cash	10000	6.67%	187500*6.67%	12506.25
Accounts receivables	25000	16.67%	187500*16.67%	31256.25
Inventory	20000	13.33%	187500*13.33%	24993.75
prepaid expenses	2000	1.33%	187500*1.33%	2493.75
total current assets	57000	38.00%	187500*38%	71250
fixed assets	32000	21.33%	187500*21.33%	39993.75
less accumulated depreciation	-4000	-2.67%	187500*-2.67%	-5006.25
total assets	85000	56.67%	187500*56.67%	106256.3