Your company is deciding to expand to the following countries, and you and two other managers will have to visit the countries to setup operations. You have $1,500.00 to convert in each currency. Copy and paste this table into an document and compute the following:
|
Country/currency
|
USDvalue/rate(asof08/14)
|
Exchangeamount
|
|
Japaneseyen
|
$102.28
|
|
|
Euro
|
$0.75
|
|
|
Britishpound
|
$0.60
|
|
Utilizing the same exchange rate, while you are visiting each of these countries, you have to buy supplies/equipment your operations; you want to determine what it is costing you in U.S. dollars. Please compute the following:
|
Japaneseyen
|
Computer(¥167,000.00)
|
$
|
|
Euro
|
Desks/chairs(€1,125.00)
|
$
|
|
Britishpounds
|
Printer(£575.00)
|
$
|