Use the following to answer questions 7-8: Hilton International (US) Canadian subsidiary balance sheet for Jan. 1 is exchange rate is $0.7/C$. shown below. The Jan. 1st 2013 Balance Sheet, 01/01/2013, million c$ Assets Liabilities & Net Worth Current Liabilities CashC$ 100 Accounts Receivable C$ 80 $ 100 C$ 200 Long-term Debt Inventory C$ 300 $ 40 C$ 400 Common Stock Retained Earnings Net Plant 8 C$ 60 equipment C$ 640 C$ 640 7. What is the total exposed assets of Hilton Canada on January 1, using the current rate method? A. C$200 B. C$240 C.C$600 D. C$640 8. What is the total exposed liabilities of Hilton Canada on January 1, using the current rate method? A. C$280 B. C$340 . CS580 D. C$640 an subsidiary of a U.S, firm has net exnosed assets of er 500 00o and t