The Table Below Shows the Approximate Value of Canada's Crude

question 51

Multiple Choice

The table below shows the approximate value of Canada's crude oil and natural gas exports over a 5-year period.The amounts shown are billions of dollars.
TABLE 2-7
-Refer to Table 2-7.Assume that 2009 is the base year,with an index number = 100.What is the index number for the value of crude oil exports in 2012?

• A)1.72
• B)30.5
• C)171.8
• D)30.5%
• E)0.31

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Definitions:

Stand-Alone Basis

Refers to evaluating a project or business independently, considering its cash flows, risks, and returns without regard for other investments or projects.

Initial Cost

The initial expense incurred to acquire an asset or start a project, excluding any subsequent costs.

Cash Flows

The sum of money flowing in and out of a company, particularly influencing its ability to cover short-term obligations.

Cost of Capital

The yield a business needs to generate from its project ventures to preserve its market valuation and draw in capital.