2. Projected financial statements and basic analysis You are the most creative analyst for Green Moose Restaurant Supply, and your admirers want to see you work your analytical magic once more. Next Year's Initial Forecast Net sales $20,520,000 16,416,000 $4,104,000 950,000 Cost of goods sold Gross profit Fixed operating costs except depreciation Depreciation Earings 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) This Year's Actual Results $19,000,000 15,200,000 $3,800,000 950,000 380,000 $2.470,000 380,000 $2,090,000 836,000 $1,254,000 677,160 $576,840 $0.25 410,400 $2,667,600 380,000 $2,287,600 915,040 1,372,560 677,160 $695,400 $0.27 $0.14 5.00 $0.14 5.00 Which of the following are assumptions made by the initial income statement forecast? Check all that apply. No additional external financing will be required. 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 facility is currently operating at full capacity. Additional external financing will be required by Green Moose Restaurant Supply The assigned depreciation method has changed. The forecasted increase in net sales is 8.00%. Which of the following could be a direct cause of financing feedback? Check all that apply. Borrowing from the bank Repaying notes payable Purchasing additional buildings with internally generated funds Issuing additional common stock What is one of the potential consequences of financing feedback that might cause the actual financing needs to be higher than initially thought? Financng feedback might: Increase charges against net income, reducing the amount of available internally generated funds Increase the length of the operating cycle O Reduce the level of cash on hand Spontaneously increase liabilities associated with the cost of goods sold