Your company is deciding to expand to the following countries, and you and two other managers will have to visit these countries to set up operations. You have $1,500.00 to convert in each currency. Compute the exchange amount for each, and complete the table.
Country/Currency USD value for 1 unit of another currency (as of 2/17/16) Exchange amount Japanese yen $0.008754 Euro $1.1159 € British pound $1.4398 £
While you are visiting each of these countries, you have to buy supplies and equipment for your operations. You want to determine what it is costing you in U.S. dollars. Utilizing the same exchange rates given above, compute the costs into U.S. dollars, and complete the table:
Japanese yen Computer V167,000.00 $ Euro Desks & chairs €1,125.00 $ British pound Printer £575.00 $