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International licensing agreements pertain to forms of intellectual property such as:
Finished Goods Inventory
The stock of completed products ready for sale but not yet sold at the end of an accounting period.
Required Production
The quantity of goods a company needs to produce in a specific period to meet its sales goals and inventory requirements.
Budgeted Sales
Budgeted sales refer to the projected amount of sales (in units or revenue) that a company expects to achieve within a certain period, as outlined in its budget.
Credit Sales
Sales transactions in which the purchase amount is charged to the buyer’s account, to be paid at a later date.
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