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. This Year's Actual Results $16,000,000 12,800,000 $3,200,000 800,000 Next Year's Initial Forecast $18,880,000 15,104,000 $3,776,000 800,000 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) 320,000 $2,080,000 320,000 $1,760,000 704,000 $1,056,000 570,240 $485,760 $0.21 $0.11 5.00 377,600 $2,454,400 320,000 $2,134,400 853,760 1,280,640 570,240 $710,400 $0.26 $0.11 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. The forecasted increase in net sales is 18.00% The assigned depreciation method has changed. The facility is currently operating at full capacity. The facility is not currently operating at full capacity. Suppose Green Moose had neither sufficient excess capacity to handle any forecasted increases in operations nor sufficient retained earnings to increase the level of company asset up to the amount necessary for production. This deficiency is called These funds could be acquired in which of the following forms? Check all that apply. Repurchase of outstanding common stock Issuing long-term bonds Repayment of outstanding bonds Borrowing from a bank using notes payable