The Direct Foreign Exchange Rate in U.S. Dollars is as follows:

1 British Pound = $ 0.0088

A. What is the Indirect Exchange Rate for the British pound?

B. How many pounds must a British company use to buy goods costing $7,000 from a U.S. company?

C. How many U.S. dollars must be paid to purchase goods costing $7,000 British pounds?