Hampshire Motors Ltd., a British manufacturing company, wants to buy a production machine that isn't available in England. Comparable products are made by an American company and a French firm. The Americans have quoted Hampshire a price of $175000, while the French want 190000. How much is each price in British pounds? Calculate a cross rate to state the French quote in pounds. Use the exchange rates from the table below. Cross rate (to four decimal places): fill in the blank 1 1.18 pound/euro The American quote (to the nearest whole): fill in the blank 2 148,305.08 Pounds The French quote (to the nearest whole): fill in the blank 3 Pounds

TABLE 18-1 Exchange Rates-Wednesday, May 6, 2015, 20:37 UTC Foumchr: x-rates.cam