Use the converstion chart provided to complete the problems. Be careful to use the correct column....
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Use the converstion chart provided to complete the problems. Be careful to use the correct column. Currency Euro Yen Real Peso Canadian Dollar Chinese Yuan South Korean Won One US Dollar in Foreign Currency 0.82 104.78 5.46 20.4 1.28 6.43 1118.43 Foreign Currency in One US Dollar 1.21 1. While attending the Olympics in Pyeongchang, South Korea, you spend 64,000 South Korean Won on souvenirs. How much did you spend in US Dollars? 0.0095 0.18 0.049 0.78 0.156 0.0084 2. While shopping on Amazon, you come across a rare book that you are looking for, but the price is listed as 83 Brazilian Reals. How much is the book in US Dollars? 3. Several Cornerstone students recently traveled to the Netherlands during J-term. The average amount of spending money brought by each student was $300 (US Dollars). How many Euro is equal to $300? 4. Emma has been on vacation in the U.S. She left Canada with $500 (Canadian Dollars). She exchanged this for U.S. Dollars and spent $325 US Dollars during her vacation. How many U.S. Dollars does she have left? When she exchanges her remaining US dolars upon returning home, how many Canadian Dollars will she have? 5. While on a whirlwind tour of several countries, you have to exchange your spending money multiple times. Out of curiousitv. vou convert back to US Dollars between exchanges so that you have a good understanding 4. Emma has been on vacation in the U.S. She left Canada with $500 (Canadian Dollars). She exchanged this for U.S. Dollars and spent $325 US Dollars during her vacation. How many U.S. Dollars does she have left? When she exchanges her remaining US dolars upon returning home, how many Canadian Dollars will she have? 5. While on a whirlwind tour of several countries, you have to exchange your spending money multiple times. Out of curiousity, you convert back to US Dollars between exchanges so that you have a good understanding of how much money you have spent. You start out with $2,000 US Dollars, which you convert to Japanese yen. How much Yen do you have? 5. While on a whirlwind tour of several countries, you have to exchange your spending money multiple times. Out of curiousity, you convert back to US Dollars between exchanges so that you have a good understanding of how much money you have spent. You start out with $2,000 US Dollars, which you convert to Japanese yen. How much Yen do you have? You spend 17,000 Yen during your time in Japan. How much Yen is remaining? Convert your remaining Yen back to US Dollars. The next stop on your trip is Mexico. How many pesos can you get with your remaining US Dollars? 6. Callahan Auto Parts recieves a large order of their premium brake pads from an Auto Manufacturer in Japan, at a price of 5 million Yen. On the day the order is placed, the exchange rate is $.009158 per Japanese Yen. What will be the gain or loss in U.S. Dollars if on the payment date, the exchange rate is $.01 Japanese Yen? Use the converstion chart provided to complete the problems. Be careful to use the correct column. Currency Euro Yen Real Peso Canadian Dollar Chinese Yuan South Korean Won One US Dollar in Foreign Currency 0.82 104.78 5.46 20.4 1.28 6.43 1118.43 Foreign Currency in One US Dollar 1.21 1. While attending the Olympics in Pyeongchang, South Korea, you spend 64,000 South Korean Won on souvenirs. How much did you spend in US Dollars? 0.0095 0.18 0.049 0.78 0.156 0.0084 2. While shopping on Amazon, you come across a rare book that you are looking for, but the price is listed as 83 Brazilian Reals. How much is the book in US Dollars? 3. Several Cornerstone students recently traveled to the Netherlands during J-term. The average amount of spending money brought by each student was $300 (US Dollars). How many Euro is equal to $300? 4. Emma has been on vacation in the U.S. She left Canada with $500 (Canadian Dollars). She exchanged this for U.S. Dollars and spent $325 US Dollars during her vacation. How many U.S. Dollars does she have left? When she exchanges her remaining US dolars upon returning home, how many Canadian Dollars will she have? 5. While on a whirlwind tour of several countries, you have to exchange your spending money multiple times. Out of curiousitv. vou convert back to US Dollars between exchanges so that you have a good understanding 4. Emma has been on vacation in the U.S. She left Canada with $500 (Canadian Dollars). She exchanged this for U.S. Dollars and spent $325 US Dollars during her vacation. How many U.S. Dollars does she have left? When she exchanges her remaining US dolars upon returning home, how many Canadian Dollars will she have? 5. While on a whirlwind tour of several countries, you have to exchange your spending money multiple times. Out of curiousity, you convert back to US Dollars between exchanges so that you have a good understanding of how much money you have spent. You start out with $2,000 US Dollars, which you convert to Japanese yen. How much Yen do you have? 5. While on a whirlwind tour of several countries, you have to exchange your spending money multiple times. Out of curiousity, you convert back to US Dollars between exchanges so that you have a good understanding of how much money you have spent. You start out with $2,000 US Dollars, which you convert to Japanese yen. How much Yen do you have? You spend 17,000 Yen during your time in Japan. How much Yen is remaining? Convert your remaining Yen back to US Dollars. The next stop on your trip is Mexico. How many pesos can you get with your remaining US Dollars? 6. Callahan Auto Parts recieves a large order of their premium brake pads from an Auto Manufacturer in Japan, at a price of 5 million Yen. On the day the order is placed, the exchange rate is $.009158 per Japanese Yen. What will be the gain or loss in U.S. Dollars if on the payment date, the exchange rate is $.01 Japanese Yen?
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Related Book For
Fundamentals of Financial Management
ISBN: 978-1133541141
13th edition
Authors: Eugene F. Brigham, Joel F. Houston
Posted Date:
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