Innovative Manufacturing Company, a U.S. firm, signs a contract with Librador Corporacion, a Columbian firm, to give Librador the right to use Innovative's production processes. This is
A. a distribution agreement.
B. a joint venture.
C. direct exporting.
D. licensing.
Answer: D
Business
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A) opportunity cost B) traceable cost C) non-traceable cost D) sunk cost E) differential cost
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Zhang Company reported Cost of goods sold of $835,000, beginning Inventory of $37,200 and ending Inventory of $46,300. The average Inventory amount is:
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Business