The CEO of a startup company is worried about meeting short-term obligations and is considering bankruptcy. Which ratio should a financial analyst present to convince the CEO that bankruptcy is not necessary? Quick ratio Operating income return on investment Inventory turnover Total asset turnover Paradigm Toys Co. has been in operation for a few years and is starting to have a better understanding of its cash flows and needs. Which tool should Paradigm Toys Co. use if it would like to forecast its cash needs for the next six months? Cost of capital Cost-benefit analysis Credit line Cash budget What is the process of planning to control the cash flows of a business to balance income and expenditures? Discretionary financing Cash budgeting Finance tracking Financial forecasting Bullzai, Inc. is creating a cash budget for next six months, starting in January. The expected sales for January are $100,000. The company's expected cash receipts for January are $130,000. Why is there a discrepancy between expected sales and expected cash receipts? Because not all sales are made on cash Because sales include expenses outside the cash budget Because not all sales are made efficiently Because sales are not measured on a monthly basis