ANX Ltd of Montreal collects 23% of its sales in the month of sale, 56% in the month following the month of sale, 19% in the second month following the sale, and 2% of sales are never collected.
Sales are: 
What is the amount of the cash collections in October?
A) $5,646
B) $5,776
C) $5,833
D) $6,012
E) $6,132
Correct Answer:
Verified
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