Robin Hood took gold coins from the wealthy and gave them to the poor. Robin Hood was using:
A. Commodity money
B. Fiat Money
C. Virtual Money
Ans: A. Commodity money
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Which of the following advertising situations would LEAST likely be considered puffery?
A) a mother of small children declaring that a packaged meal "rescued my day" B) a young woman saying that a new abdominal exercise machine was more motivating than her old workout routine C) a milk advertisement claiming that the calcium in milk promotes healthy bone growth D) a retired couple drinking a vitamin and protein shake and then saying, "It makes us feel young again" E) a sleepy man waking up to a gray day, drinking a cup of coffee, and then looking out his window to see golden sunshine, beautiful flowers blooming, songbirds singing, and a rainbow on the horizon
The net working capital for Dana Dairy Products in 2013 was ________. (See Table 3.2)
A) $10,325 B) -$10,325 C) -$1,425 D) $14,250