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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.
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 1-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?
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