Problem $4-27($Algo$)$ Percent$-$of$-$sales method $[$LO$4-3]$ Owen's Electronics has nine operating plants in seven southwestern states. Sales for last year were $100$ million, and the balance sheet at year$-$end is similar in percentage of sales to that of previous years $($and this will continue in the future$).$ All assets $($including fixed assets$)$ and current liabilities will vary directly with sales. The firm is working at full capacity. $[[,$Balance,Sheet $($in millions$),],[$Assets$,,$Liabilities and Stockholders' Equity,$],[$Cash$,10,$Accounts payable,$18$