Zeta Stores places orders for 60% of the sales forecast in the next month and for 40% of the sales forecast for the following month. It pays for these goods with a 2-month delay. If sales for August are forecast at $10 million and sales for September and October are forecast at $12 million, what will be the forecast cash outflow in September?
A. $4.8 million.
B. $15.6 million.
C. $10.8 million.
D. $9.6 million.
Answer: C
Business
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