Multiple Choice
The managerial accountant at Premier Tacos International reported that operating income was earned evenly throughout 2012.The average exchange rate in Mexico was 11.9 pesos = $1 U.S.dollar and they have a total of 250,000,000 pesos.
Required
Compute the operating income from pesos to dollars.
A) $20,000,000
B) $20,516,821
C) $21,008,403
D) $21,216,836
E) $21,624,315
Correct Answer:
Verified
Correct Answer:
Verified
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