You have been asked to compare the sales and assets of four companies that make computer chips to determine which company is the largest in each category. You have gathered the following data, but they cannot be used for direct comparison because each companys sales and assets are in its own currency: Company (Currency) Sales Assets Abril Chip (US Dollar) 2,000,000 1,300,000 Dao (Hong Kong Dollar) 5,000,000 2,400,000 Aiko (Japanese yen) 350,000,000 250,000,000 Orca (euro) 3,000,000 3,900,000 Assuming that the exchange rates is Exhibit 2 are current and appropriate, convert all the figures to U.S. dollars (multiply amount by exchange rate) and determine which company is the largest in sales and which is the largest in assets. Need formulas to understand results.

Current Exchange Rates
1 Hong Kong Dollar = 0.13 US Dollar
1 Japanees Yen = 0.0097 US Dollar
1 Euro = 1.12 US Dollar