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How much is its equivalent in Japanese yen

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Question - Company H is offering agricultural products online. Because of the quality of its products and services, its market is increasing more specifically in the neighboring countries in Asia. Its top management decided to open stores in few of the big cities in Asia to cut costs in its logistics. If the management will open a store in Japan, Hong Kong and Singapore with their respective exchange rates over Philippine peso: one Japanese yen equals Php 0.44; one Singapore Dollar equals Php37.19; and one HK Dollar equals Php6.50. If Php10,000,000 is to be invested, how much is its equivalent in Japanese yen, Singapore Dollar and Hong Kong Dollar?

Reference no: EM133050094

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