The current assets of KLM Inc. totalled $145,000 W $200,000. Which of the following best describes KLM's situation? KLM's cash sales were too low during the current year. (6) KLM's spending was too high during the current period. (c) KLM's financial viability is at risk for the current period. KLM's inventory was too high during the current period. (e) KLM's accrued wages were too high during the current period. in which of the following aspects of business planning do Pro Forma Financial Statements play a key role? 14. (a) (b) (c) communicating the business plan to stakeholders collecting data required to formulate the businesses of options evaluating and selecting the most suitable business option setting the teams and objectives of the business identifying the business options available to the business (d) (e) 15. Pizza is generally considered a recession proof commodity offering. Which of the following will have the greatest impact on a pizza chain's sales? (a) (b) (c) (d) (e) bargaining power of customers competitive pressure general economic conditions availability of resources competitive product innovation 16. The Perimeter Security Company has completed a pro forma cash flow projection that indicates a weakening cash position over the next two years. Which of the following actions would further worsen Perimeter's cash position over time? (a) (b) (c) sell non-current assets. increase cash sales by customers. reduce payment times to suppliers. increase the dividend payment. increase inventory purchases. (e) The most comprehensive means of financial forecasting is (a) (b) (c) (d) through the use of securities analysts forecasts for the firm done with a short term horizon done with a long term time horizon through the use of pro forma financial statements