Recently purchased auto parts worth

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Reference no: EM131072876

Flint Corp. recently purchased auto parts worth 17.5 million Mexican pesos (MP). Management needs to find out the U.S. dollar cost of the payables. It has access to two quotes for Canadian dollars (C$): C$1.3174/$ and C$0.1271/MP. What will it cost Flint to purchase 17.5 million Mexican pesos?

Reference no: EM131072876

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Recently purchased auto parts worth : Flint Corp. recently purchased auto parts worth 17.5 million Mexican pesos (MP). Management needs to find out the U.S. dollar cost of the payables. It has access to two quotes for Canadian dollars (C$): C$1.3174/$ and C$0.1271/MP. What will it cost F..

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