You are expecting a payment of C$250,000 two years from now. The risk-free rate of return is 2 percent in the U.S. and 2.5 percent in Canada. The inflation rate is 2 percent in the U.S. and 1.8 percent in Canada. Assume the current exchange rate is C$1 = $.85. How much will the payment two years from now be worth in U.S. dollars?

$188,650

$194,348

$199,870

$206,182

$210,391

2. Which of the following ratios must include revenue or sales data in order to be accurate?

A. Quick ratio

B. Profit margin

C. Current ratio

D. Total debt