need help asap!

A. TRUE/FAKSE QUBSTIONS Write cither "True" or "Falso" on tha blank preseding each question. 1. As a firm's sales grow, ita current asset eccounts tend to decrease. For iastance, as sales increase, tho firm biaventories bypically decrease end tis level of accounts recelvable will also decrense. 2. One of tho koy steps in the dovelopment of pro forma finnesial statements is to ideatify the asets and Eabilities which inerease epontaneounly with net ineome. 3. The fint, and most critieal, step in constructing a set of pro forme financial statements is the eales forcenst. 4. Temporary excess eapacity can be charncteristic of a firm that adds "lumpy" (1.e, largo value, hilh copacity) fired assets as it sow. 5. A firm's dividend policy does not affect requircanents for external capital when formeneting financial statemeats for the finm for the coming year. 5. Financial planning and pro forma finaneial statements may be used to forecast the amount of external finneing that will be required by a fim. 7. A commonly used method to forecast eccount values on the income statemeat and balnece sheet is the "forecnsted finmeinl etatements" (FFS) method. such as "Aceounts Recelvible," that increase eppoatnacounly with sales. 9. The Foreensted Financial Statements" (FFS) forseasting method asumes that both "A menints Payable" and "Acerasls" will increase proportionately to the forecasted increase in alea in. A publicly owned corporatioa is a coaspany whose shares aro beld by tho laventing publio, which may includo individuals, as well es other corporations and tastirutions. 11. The Gordoa constant growth stock model decu not take tato censiderntioa the crapital eains: that may be earned oa a shinre of common stock. cornh niter