If a company wants to predict how much money it can make this coming year, it would benefit from developing a: short-term forecast. consolidated income statement. statement of cash flows. master budget.

short-term forecast

Explanation:

The Short-term in business refers to a period a year or less. A Short-term forecast therefore allows for a business to predict its needs and potential receipts within a period of a year or less. Short-term forecasts would include the expenses, revenues, and hence income that a company believes it will receive in the next year or less. The company can therefore be able to predict how much it will make in the coming year using a Short-term forecast.

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