On February 1, Synergy Import-Export Company Sells Merchandise to Japanese

Multiple Choice

On February 1, Synergy Import-Export Company sells merchandise to Japanese firms costing 90,000 yen.Payment will be made in Japanese yen on May 1.The exchange rates of yen for $1 were as follows:


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Calculate the receivable in dollars on February 1.(Note: Round answer to the nearest cent.)
On February 1, Synergy Import-Export Company sells merchandise to Mexican firms costing 90,000 pesos.Payment will be made in pesos, on May 1.The exchange rates of pesos for $1 were as follows:
February 1 $1 = 10.9 pesos
May 1 $1 = 11.4 pesos
Calculate the receivable in dollars on February 1.(Note: Round answer to the nearest dollar.)

A) $560.24
B) $809.13
C) $800.05
D) $900.67