Define each of the following terms:
1) Mission statement; corporate scope; statement of corporate objectives; corporate strategies
2) Operating plan; financial plan; sales forecast
3) Spontaneous liabilities; profit margin; payout ratio
4) Additional funds needed (AFN); AFN equation; capital intensity ratio; self supporting growth rate
5) Forecasted financial statement approach
6) Excess capacity; lumpy assets; economies of scale
7) Full capacity sales; target fixed assets/sles ratio; required level of fixed assets
8) Financing feedback effects