The Key Inputs for Preparing Pro Forma Income Statements Using

The key inputs for preparing pro forma income statements using the percent-of-sales method are the ________.

A) sales forecast for the preceding year and financial statements for the coming year
B) sales forecast for the coming year and the cash budget for the preceding year
C) sales forecast for the coming year and financial statements for the preceding year
D) cash budget for the coming year and sales forecast for the preceding year