Question: An internal forecast is based on _ _ _ _ _ _ _ _ . Question content area bottom Part 1 A . the prediction
An internal forecast is based on
Question content area bottom
Part
A
the prediction of a firm's sales over a given period through surveys sent to financial analysts
B
the relationships between a firm's sales and certain economic indicators
C
a buildup, or consensus, of sales forecasts through a firm's own sales channels, adjusted for additional factors such as production capabilities
D
developing the pro forma income statement to forecast sales and then express the various income statement items as percentage of projected sales
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