Business, 12.08.2020 06:01 zmerriweather167

Which of the following are assumptions made by the initial income statement forecast? Check all that apply. No additional external financing will be required. The assigned depreciation method has changed. Additional external financing will be required by Avatar Animators Inc. The forecasted increase in net sales is 20%. The facility is currently operating at full capacity. The facility is not currently operating at full capacity. If Avatar Animators Inc. 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? I. Issuing additional common stock II. Borrowing from a bank using notes payable III. Issuing long-term bonds Just II I and II Just III I only I, II, and III II and III

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Which of the following are assumptions made by the initial income statement forecast? Check all that...

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