Baxter's collects 30 percent of its sales in the month of sale,55 percent in the month following the month of sale,and 13 percent in the second month following the month of sale.Given this,the company will collect ________ sales during the month of May.
A) 30 percent of May
B) 55 percent of March
C) 13 percent of April
D) 55 percent of May
E) 13 percent of February
Correct Answer:
Verified
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