Which of the following statements regarding cash budgets is true? Pro forma cash flow statement is another name for cash budget The cash budget is part of the long-term financial plan Cash budgets enable a firm to predict when and how much cash it will need Firms prepare monthly cash budgets only Question 14 (1 point) A perpetual stock, par value $100, pays an annual dividend of $14. If investors desire a return of 12%, the current market price is: $117 $14 $100 $7