The correct answer for the first part is 14.4371, and the correct answer for the second part is 33,892,875. Please explain why, and provide steps.

Suppose MXN/USD = 23.95 and USD/NZD = 0.6028. Then 1 NZD is equal to how many MXN? 39.7313 1/ 0.6028 = 1.658925017 1.658925017 x 23.95 = 39.7313 o Suppose CAD/USD = 1.0575 and USD/AUD = 0.6410. A Canadian company spends AUD 50,000,000 to produce its goods in Australia. The Canadian company's cost of production in CAD is: 82,488,300 50,000,000 / 0.64 10 = 78,003,120.12 78,003,120.12 x 1.0575 = 82,488,300 O