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Which of the following are assumptions made by the initial income statement forecast? Check all that apply. The forecasted increase in net sales is 50%.
Which of the following are assumptions made by the initial income statement forecast? Check all that apply. The forecasted increase in net sales is 50%. The cost of sales percentage for Saltwater Logistics Corp. will decrease due to economies of scale. Which of the following are assumptions made by the initial income statement forecast? Check all that apply. The forecasted increase in net sales is 50%. The cost of sales percentage for Saltwater Logistics Corp. will decrease due to economies of scale. No excess capacity currently exists. Spontaneously generated funds will sufficiently cover any financing needs. Saltwater Logistics Corp. will be issuing additional debt in the coming year. Saltwater Logistics Corp. will be issuing additional shares of common stock in the coming year. If Saltwater Logistics Corp. had neither a sufficient amount of excess capacity to handle forecasted increases in operations nor the level of retained earnings required to increase asset levels up to the necessary level for production, this difference would be referred to as and could be acquired in which of the following forms? es payable II. Borrowing from a bank using notes payable III. Issuing long-term bonds II and III Just II I and II Just III I, II, and III I only
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