Multiple Choice
The managerial accountant at International Food Services reported that operating income was earned evenly throughout 2012.The average exchange rate in Mexico was 11.7 pesos = $1 U.S.dollar and they have a total of 345,000,000 pesos.
Required
Compute the operating income from pesos to dollars in 2012.
A) $29,250,115
B) $29,380,189
C) $29,487,179
D) $29,880,650
E) $29,958,726
Correct Answer:
Verified
Correct Answer:
Verified
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