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 1
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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