The latest Japanese toy craze to hit the U.S. is the \'Fluffy Puppy and Friends,

Question

The latest Japanese toy craze to hit the U.S. is the 'Fluffy Puppy and Friends,' which is made by Fluffy Puppy, Inc. headquartered in Tokyo, Japan. At the end of the year, Fluffy Puppy, Inc. has made $546,456 in the U.S. and now needs to change this profit, which is in terms of U.S. dollars, into Japanese yen. The current exchange rate is 101.776 Japanese yen for 1 U.S. dollar. It should be noted that exchange rates are quoted up to the thousandths (three decimal places). Convert Fluffy Puppy Inc.'s U.S. profits into Japanese yen.

Explanation / Answer

The exchange rate is given as,

$1 = 101.776 yen.

The firm has made a profit of $546,456.

Thus in terms of yen it would be, = 101.776*546456

Profit = 55616105.856 yen.

Related Questions

Navigate

• Browse (All)
• Browse T
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.