As a Financial Manager,Leonard Wants to Know When His Firm

Multiple Choice

As a financial manager,Leonard wants to know when his firm will need to arrange for short-term financing and when the firm is likely to have surplus cash available to pay off loans or to invest in short-term liquid assets.These concerns suggest that Leonard would want to develop which of the following?

A) cash budget
B) projected balance sheet
C) pro forma income statement
D) sales forecast