Term Answer Description Financial planning A. The term used to describe the level of units produced and sold at which a firm's net income is zero. LL B. This technique forecasts a firm's future financial requirements, given its Operating breakeven point current and forecasted financial statements. Lumpy assets L C. The term used to describe assets that must be purchased in large discrete amounts rather than in small increments. Spontaneously D. The forecasting method used to estimate the additional, externally generated funds generated financing required to finance a firm's future growth. Additional funds E. These funds change proportionally with a firm's sales and include its needed accounts payable and accruals. operating leverage F. This technique is used to identify the minimum operating income (EBIT) needed to cover all of a firm's financing costs and generate an EPS of $0. Sales forecast G. The process of forecasting a firm's future condition, including both its future income, cash flow, and asset levels, as well as the additional resources necessary to achieve this forecasted condition. Projected balance H. The effect of the financing actions undertaken to finance a firm's sheet method forecasted asset growth on its income statement and balance sheet. Financial breakeven I. A projection of a firm's future unit and dollar sales is usually based on its analysis expected future and economic and industry forecasts. Financing feedback J. The term used to describe the effect of using fixed operating costs in a firm's cost structure to affect the operating income realized from a given level of sales