Phlogiston Pharmaceuticals,Ltd.,is a manufacturer of generic drugs with a worldwide market for its products.In order to determine the amount of each drug to produce,it is essential that the following be available on a timely basis:

Question

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Demand forecasts are essential for determining the amount of each drug to produce. Cash flow projections and pro-forma income statements are important for financial planning, but do not directly impact production decisions. Accounts receivable records are important for managing cash flow and collection efforts, but do not provide information on production needs.