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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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