Forecasting is an important part of financial statement analysis. Each of you or company you work for have already forecasted or are in process of forecasting the financial statements for the next financial statement year (income statement and balance sheet). Here’s financial analysis for Verizon vs US Cellular. Select a key assumption you can make or need to make to forecast the financial statements. For that assumption explain all the following:

o State the assumption you made.
o Explain why the assumption is key.
o Provide at least two sources of evidence supporting the validity of assumption.