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A company plans to perform an A/R cash analysis based on the following sales information:60%...

A company plans to perform an A/R cash analysis based on the following sales information:

60% of sales are collected within two months after the sale. After three months, $135,000 of January's sales has been collected. What was the percentage of January's sales collected in April?

A.

10%

B.

30%

C.

60%

D.

90%

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