You are the most creative analyst for Green Rabbit Transportation Inc., and your admirers want to see you work your analytical magic once more. Net sales Cost of goods sold Gross profit Fixed operating costs except depreciation Depreciation Earnings before interest and taxes Interest Earnings before taxes Taxes Net income Common dividends Addition to retained earnings Earnings per share Dividends per share Number of common shares (millions) 2016 Actual Results 2017 Initial Forecast $18,000 $23,400 (14,400) (18,720) $3,600 $4,680 (900) (1,170) (360) (468) $2,340 $3,042 (360) (360) $1,980 $2,682 (792) (1,072.8) $1,188 1,609.2 (641.52) (641.52) $546.48 $967.68 $59.4 $80.46 $32.076 $32.076 20.0 20.0 Which of the following are assumptions made by the initial income statement forecast? Check all that apply. The forecasted increase in net sales is 30%. Green Rabbit Transportation Inc. will be issuing additional shares of common stock in the coming year. The cost of sales percentage for Green Rabbit Transportation Inc. will decrease due to economies of scale. Green Rabbit Transportation Inc. will be issuing additional debt in the coming year. Spontaneously generated funds will sufficiently cover any financing needs. No excess capacity currently exists