Question
Over the counter market is part of Secondary market a. True b. False During December of the current year 2020, X (American), entered into the
Over the counter market is part of Secondary market
a. True
b. False
During December of the current year 2020, X (American), entered into the following transactions: 1 - On 10 December 2020, X sold 7 units of inventory to Y located in Colombia for 8,541,000 pesos. On this date 1 peso = $0.0027. 2 - On 31 December 2020, suppose that the exchange rate was 1 peso = $0.0026]. 3 - On 1 March 2021 the customer from Colombia paid the due amount when exchange rate is 1 peso = $0.0032. Cash received on 1 March 2021 is -----
a. 27331
b. 23061
c. 23400
d. 24564
Please please, I don't have enough time to help me
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