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Local Currency per$1 USDollar Australian Dollar 1.301 British Pound 0.803 Canadian Dollar 1.318 Chinese Yuan 6.878 Euro 0.902 Hong Kong Dollar 7.764 Thai Baht 35.02
Local Currency per$1 USDollar | ||
Australian Dollar | 1.301 | |
British Pound | 0.803 | |
Canadian Dollar | 1.318 | |
Chinese Yuan | 6.878 | |
Euro | 0.902 | |
Hong Kong Dollar | 7.764 | |
Thai Baht | 35.02 | |
Japanese Yen | 113.16 | |
Using the above exchange rates, answer the following:
C. An American company purchases an order of goods for $80,000 from a company in Thailand. What is the equivalent in local currency?
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