A U.S. company has a subsidiary in Mexico. If the company's income statement reports a loss for conversion of subsidiary accounts to U.S. dollars, the most likely explanation is that:

	A.	The peso has strengthened against the U.S. dollar and the subsidiary's functional currency is the peso.
	B.	The peso has weakened against the U.S. dollar and the subsidiary's functional currency is the U.S. dollar.
	C.	The peso has weakened against the U.S. dollar and the subsidiary's functional currency is the peso.
	D.	The peso has strengthened against the U.S. dollar and the subsidiary's functional currency is the U.S. dollar.