a. Define each of the following terms.
b. Operating plan, financial plan
c. spontaneous liabilities, profit margin, payout
d. Additional funds needed (AFN; AFN equations capital intensity ratios, self-supporting growth rate.
e. forecasted financial statement approach using percent of sales
f. Exceed capacity; lumpy assets; economies of scale
g. full capacity sales target fixed assets/sales ratios required level of fixed assets.