6. Projected financial statements and basic analysis You are the most creative analyst for Saltwater Logistics Corp., and your admirers want to see you work your analytical magic once more. 2016 Actual Results $ 16,000 (12,800) $3,200 (800) (320) 2017 Initial Forecast $24,000 (19,200) $4,800 (1,200) (480) $3,120 (320) $2,080 (320) 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) $1,760 $2,800 (1,120) (704) $1,056 (570.24) 1,680 (570.24) $485.76 $1,109.76 $52.8 $84 $28.512 $28.512 20.0 20.0 Which of the following are assumptions made by the initial income statement forecast? Check all that apply. The facility is currently operating at full capacity. The forecasted increase in net sales is 50%. The assigned depreciation method has changed. The facility is not currently operating at full capacity. Additional external financing will be required by Saltwater Logistics Corp. No additional external financing will be required