Question 5 of 18 Mapoob sapling learning The latest Japanese toy craze to hit th

Question

Question 5 of 18 Mapoob sapling learning 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 $566,456 in the 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.Number yen

Explanation / Answer

Fluffy Puppy Profit = excchange rate*Porfit in U.S dollars = 101.776*566456

= 57651625.856 Yen

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