The table below shows indexes for the price levels for Canada and the United States and the nominal exchange rate between their currencies (the Canadian-dollar price of 1 U.S.dollar) .
TABLE 34-2
-Refer to Table 34-2.According to the theory of purchasing power parity (PPP) ,the Canada-US exchange rate in 2008 should have been
Definitions:
Total Common Stock
The aggregate value or amount of all shares of common stock issued by a company.
Net Income Before Taxes
A financial measure showing a company's profitability after accounting for all expenses except taxes.
Stockholders' Equity
The ownership interest of shareholders in a company, represented by the company's assets minus its liabilities.
Earnings Per Share
A company's profit divided by its number of outstanding shares of common stock, indicating the profitability available to shareholders on a per-share basis.
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