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skully skully
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7 years ago
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
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Managerial Accounting: Decision Making and Motivating Performance

Managerial Accounting: Decision Making and Motivating Performance


Edition: 1st
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Managerial Accounting: Decision Making and Motivating Performance
University of Pittsburgh
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skully Author
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7 years ago
You're way better than my teacher, thanks Thumbs Up Sign
Managerial Accounting: Decision Making and Motivating Performance
University of Pittsburgh
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