MetaIn constructing a pro forma balance sheet a manager can estimate the accounts receivable because:

Question $4$Select one:

a$.$

managers typically construct a pro forma income statement prior to the balance sheet. Thus, an estimate of sales has already been made and this is critical to estimating accounts receivable.

b$.$

if the firm has already made an estimate of expected sales, then it can also estimate average daily sales.

c$.$

if the firm maintains similar credit standards it can use the historical average age of accounts receivable to help estimate the anticipated average age of accounts receivable

d$.$

if the firm has each piece of information as stated in the three choices above THEN they can estimate accounts receivable for the pro forma balance sheet..