Question: ducator Tasks 32) Last year, because it did not understand its cash needs well, Paradigm Toys Co. was often late to pay suppliers, and its

ducator Tasks 32) Last year, because it did not understand its cash needs well, Paradigm Toys Co. was often late to pay suppliers, and its relationship with key suppliers deteriorated. By forecasting its cash needs for the next six months, Paradigm Toys Co. is now better able to anticipate how much money it will need to ensure cash is available to pay suppliers in a timely fashion. Which major use of budgeting is being used by Paradigm Toys Co.? Performance evaluation O Assessment of debt financing needs O Corrective action O Negotiation to renew loans 141

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