Marlon's Manufacturing Company owns a factory in Mexico that is valued at 620,000,000 Mexican pesos. If the exchange rate is 17 pesos = U.S. $1, what is the U.S. dollar value of the factory?
A) $105,400,000
B) $10,540,000,000
C) $36,470,588
D) $364,705,880
Correct Answer:
Verified
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