Keyser Metal Fabricators collects 25% of sales in the month of sale, 65% in the month following the month of sale, and the 10% in the second month following the month of sale. In August, Keyser will collect _____ sales.
A) 65% of June.
B) 10% of August.
C) 65% of July.
D) 25% of June.
E) 10% of May.
Correct Answer:
Verified
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