Diamond, Inc purchased a machine under a deferred payment contract on December 31 . 2013 . Under the terms of the contract, Diamond is required to make eight annual payments of $140,000 each beginning December 31 . 2014 . The appropriate interest rate is 8 percent. The purchase price of the machine is

The unauthorized distribution of trademarked goods to exploit price differentials in world markets is known as:

A) market skimming. B) black marketing. C) gray marketing. D) dumping. E) licensing.

When additional profits can be made with a slow exit from a market, a(n) ________ strategy can be a good source of short-run profits

A) monetize B) invest C) divest D) harvest E) optimize