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Which of the following are assumptions made by the initial income statement forecast? Check all that apply. The cost of sales percentage for Avatar Animators
Which of the following are assumptions made by the initial income statement forecast? Check all that apply.
The cost of sales percentage for Avatar Animators Inc. will decrease due to economies of scale.
The forecasted increase in net sales is
Spontaneously generated funds will sufficiently cover any financing needs.
No excess capacity currently exists.
Avatar Animators Inc. will be issuing additional debt in the coming year.
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