Answer

Accounting Tool

Example

$$Cash flow analysisA. Used to track a company$$s liquidity, efficiency, and profitability over time compared to other businesses in its industry.$$Balance sheetB. Summarizes a firm$$s financial performance for a given time interval, usually one year.$$Income statementC. Used to project costs and revenues, prioritize and control spending, and ensure that expenses don$$t exceed available funds and revenues.$$Financial ratiosD. Provides a snapshot of a company$$s financial position with respect to assets and liabilities at a specific point in time.$$BudgetE$.$ Predicts how changes in a business will affect its ability to take in more cash than it pays out.