Zeta Stores Places Orders for 60% of the Sales Forecast

question 13

Multiple Choice

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) $10.8 million.
• B) $15.6 million.
• C) $4.8 million.
• D) $9.6 million.

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