Business, 07.06.2020 01:01, chaanah

Sunland Corporation’s recent sale to a firm in Mexico produced revenues of 13,520,000 Mexican pesos (MPs). If the firm sold the pesos to its bank and was credited with $1,189,760.00, what was the spot rate at which the pesos were converted?

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Sunland Corporation’s recent sale to a firm in Mexico produced revenues of 13,520,000 Mexican pesos...