The main objective of forecasting is to develop stand alone financial statements for future analysis. a set of realistic expectations for future value-relevant payoffs. a balance sheet and income statement that articulate. O financial statements for comparison to industry averages. Question 6 2 Points Projecting sales price changes depends on factors specific to the firm and its industry that might affect demand and price elasticity. Which of the following types of companies would most likey be able to increase prices? A firm in a capital intensive industry that is expected to operate near capacity for the near future A firm in a capital intensive industry in which excess capacity exists. A firm operating in an industry that is expected to experience technological improvements in its production process. A firm operating in an industry that is transitioning from the high growth to the maturity phase of its life cycle. acting 7