Assignment:
Define each of the following terms:
a. Operating plan; financial plan; sales forecast
b. Pro forma financial statement; percent of sales method
c. Spontaneously generated funds
d. Additional funds needed (AFN); AFN formula; capital intensity ratio
e. Lumpy assets
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.