One shortcut method that people use to forecast future balance sheets is to assume that each asset category (inventory, fixed assets, etc.) grows at the average rate it grew over the last five years. What are potential issues with using this approach? It ignores the company's plans for the future The resulting forecasts for assets may be incompatible with assumptions made for sales Past growth rates might reflect one-time events, such as major acquisitions, which are not expected to recur All of the above