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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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