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Contemporary Business Mathematics for Colleges
Quiz 20: International Business
Path 4
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Question 21
Short Answer
If the Japanese yen is worth 0.009407 U.S. dollar, what is the dollar value of 100,000 yen?
Question 22
Short Answer
If the euro is valued at $1.4851 in U.S. dollars, compute the amount of U.S. dollars necessary to buy 100 euro.
Question 23
Short Answer
If the U.S. dollar is worth 106.3 yen, how much would a tourist using U.S. dollars pay for an airline ticket costing 478,500 yen?
Question 24
Short Answer
If the euro is valued at $1.4851 in U.S. dollars, compute the amount in euro one could purchase for $100 in U.S. currency. (Round answer to two decimal places.)
Question 25
Short Answer
If the U.S. dollar is worth 106.3 yen, compute the amount of U.S. dollars necessary to buy 50,000 Japanese yen.
Question 26
Short Answer
If the euro is valued at $1.4851 in U.S. dollars, compute the value in U.S. currency of 5,000 euro.
Question 27
Short Answer
If the U.S. dollar is valued at $1.9687 per British pound, compute the amount of U.S. currency necessary to buy 200 British pounds.
Question 28
Short Answer
Global Concerns, Inc. has contracted to sell certain goods to a company in Australia. The Australian company has contracted to pay 500,000 Australian dollars for the shipment. At the time the contract was signed, the Foreign Currency in dollars column in the financial section of the morning paper showed that one Australian dollar was valued at $0.903497 U.S. dollar. Compute the value in U.S. currency Global Concerns expects to receive from the transaction.
Question 29
Short Answer
If the British pound is valued at 0.507949 per U.S. dollar, compute the amount of pounds one could purchase for $500 in U.S. currency. (Round answer to two decimal places.)
Question 30
Short Answer
If the U.S. dollar is valued at 0.199271 per Danish krone, how many dollars would a company pay to purchase merchandise from Denmark costing 70,148 Danish krone?
Question 31
Short Answer
If the exchange rate is 0.507949 British pound for 1 U.S. dollar, how many pounds would it cost a British merchant to pay an American export company for merchandise valued at $200,000? (Round to nearest whole number.)
Question 32
Short Answer
If the Brazilian real is valued at 0.449049 per U.S. dollar, how much would an American import company pay in U.S. dollars for merchandise valued at 868,300 pounds?
Question 33
Short Answer
If the British pound is valued at 0.507949 per U.S. dollar, how much would an American import company pay in U.S. dollars for merchandise valued at 789,400 pounds?
Question 34
Short Answer
If the British pound is valued at 0.507949 per U.S. dollar, compute the value in U.S. currency of 7,000 pounds.
Question 35
Short Answer
If the Japanese yen is worth 0.009407 U.S. dollar, how many yen would it cost a Japanese importer for merchandise worth $550,500 from a U.S. company?
Question 36
Short Answer
If the exchange rate is 0.507949 British pound for 1 U.S. dollar, compute the amount of pounds required to pay an American export company for $48,900 in merchandise. (Round answer to nearest whole number.)
Question 37
Short Answer
If the U.S. dollar is worth 35.1385 ruble, how much would a U.S. importer pay in dollars for Russian merchandise priced at 1,000,000 ruble?
Question 38
Short Answer
If the U.S. dollar is worth 106.3 yen, how much would a U.S. importer pay in dollars for Japanese merchandise priced at 2,000,000 yen?
Question 39
Short Answer
If an American import company purchased three gross (1 gross = 144) of Danish hams at a price of 14.40 krone per ham, and the Danish krone were valued at 5.0183 on the day of settlement, how much did the company pay in U.S. dollars?