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Use this fact situation to answer the related questions that follow. Alice worked as an employee of a large computer conglomerate,but without an employment contract dealing with ownership of new software programs.As part of Alice's job,she produced a very unique software program for routing emergency calls to the U.S.Homeland Security Office.
In this case,the software program can only be


Definitions:

Goods

are tangible products or commodities that are produced or manufactured for sale.

Cost of Goods Available

Cost of Goods Available represents the total cost of merchandise available for sale during a certain period, including the beginning inventory plus net purchases.

Operating Expense

Costs associated with the normal day-to-day operations of a business, such as rent, utilities, and salaries, but excluding costs related to production.

Merchandising Company

A business entity that purchases finished goods and sells them at a profit, without altering their form.

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