) An American business needs to pay (a) 15,000 Canadian
dollars, (b) 1.5 million yen, and (c) 55,000 Swiss francs to businesses abroad. What are
the dollar payments to the respective countries?
15,000 Can. Dollars multiplied by 0.8439 = $12,658.50 U.S. Dollars.
b) 1.5 Million Yen multiplied by 0.004680 = $7,020 U.S. Dollars.
55,000 Swiss Francs multiplied by 0.5140 = $28,270 U.S. Dollars
) An American business pays $20,000, $5,000, and
$15,000 to suppliers in, respectively, Japan, Switzerland, and Canada. How much, in
local currencies, do the suppliers receive?
$20,000 US Dollars in Japanese Yen is equal to:
the indirect quote of 213.675
multiplied by 20,000 or 4,273,500 Japanese Yen.