Thanks for the help!

You are the most creative analyst for Avatar Animators Inc., and your admirers want to see you work your analytical magic once more. 2016 Actual Results 2017 Initial Forecast Net sales $15,000 Cost of goods sold Gross profit $19,500 (15,600) $3,900 (975) (390) (12,000) $3,000 (750) (300) Fixed operating costs except depreciation Depreciation Earnings before interest and taxes $1,950 Interest $2,535 (300) (300) Earnings before taxes $2,235 Taxes $1,650 (660) (894) Net income $990 1,341 Common dividends (534.6) (534.6) Addition to retained earnings $455.4 $806.4 Earnings per share $49.5 $67.05 $26.73 Dividends per share Number of common shares (millions) $26.73 20.0 20.0 Which of the following are assumptions made by the initial income statement forecast? Check all that apply. Spontaneously generated funds will sufficiently cover any financing needs. No excess capacity currently exists. Avatar Animators Inc. will be issuing additional debt in the coming year. The cost of sales percentage for Avatar Animators Inc. will decrease due to economies of scale. O Avatar Animators Inc. will be issuing additional shares of common stock in the coming year. The forecasted increase in net sales is 30%. If Avatar Animators Inc. had neither a sufficient amount of excess capacity to handle forecasted increases in operations nor the level of retained earnings required to increase asset levels up to the necessary level for production, this difference would be referred to as and could be acquired in which of the following forms? additional funds needed alternative fiduciary necessities' tes payable added fair needs additional financing needed II and III If Avatar Animators Inc. had neither a sufficient amount of excess capacity to handle forecasted increases in operations nor the level of retained earnings required to increase asset levels up to the necessary level for production, this difference would be referred to as and could be acquired in which of the following forms? I. Issuing additional common stock II. Borrowing from a bank using notes payable III. Issuing long-term bonds O II and III O I, II, and III O I and II O I only Just II Just