Colin was a manager for EST Corporation, and the company wanted to expand into a new region. Colin analyzed data to determine how much money the company could make from the expansion within $2$ years.

Which responsibility of financial management did Colin demonstrate?

Preparing the income statement for external users to review

Evaluating the short$-$term financing options for the expansion

Evaluating immediate cash flow issues from different departments

Evaluating the trends in the market the company would enter