Biofuels ____

question 14

Multiple Choice

Biofuels ____.

• A) are a renewable source of energy
• B) do not produce carbon dioxide when burned
• C) are made from organic remains of ancient organisms
• D) release energy without using oxygen
• E) do not damage the environment

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Definitions:

Net Working Capital

A measure of a company's liquidity, efficiency, and overall financial health, calculated by subtracting current liabilities from current assets.

Variable Costs

Costs that change in proportion to the level of activity in a business.

CCA Class

Capital Cost Allowance Class; categories used in Canadian tax law to determine the depreciation rate for tax purposes on tangible and intangible assets.

Depreciation Expense

An accounting method that allocates the cost of a tangible asset over its useful life to account for the decline in its value over time.