The Manager of Timmy's Timbers, the Local Landscape Company, Realizes

Multiple Choice

The manager of Timmy's Timbers, the local landscape company, realizes that he runs a seasonal business. For example, although his sales do not start coming in until April and May, he needs to be well-stocked in March in anticipation of the spring sales. What should he create to help plan for when the firm will need to arrange for additional funds in order to avoid a cash crunch?

A) cash budget
B) pro forma income statement
C) pro forma balance sheet
D) set of leverage ratios