In a recent financial journal, the exchange rate between the dollar and the Japanese yen () was quoted two ways: Exchange rate (in dollars) $ 0.00764 Exchange rate (in yen) 130.89005 The number of dollars equivalent to 5,242,000 on this date is: a. $40,049. b. $686,126. c. $686,257. d. Depends upon whether the item is a receivable or a payable