Please answer the following questions. Thank you in advance.

1. State and discuss in detail, the management tool (or concept) a firm can use to determine whether there are enough internally generated funds to grow sales without seeking external funding.

2. State and discuss in detail, the another technique for forecasting financial statements, other than forecasted sales, projected income statement, projected balance sheet and projected statement of cash flows.

3. Why do the numerical examples in this chapter involve a large dividend in the last year of the explicit forecast period?