Question

In: Accounting

To find the gross profit percentage from intra-entity sales,

To find the gross profit percentage from intra-entity sales,

A. divide the transfer price by the amount of the goods in the buyer's ending inventory.

B. divide the transfer cost by the amount of the goods in the buyer's ending inventory.

C. multiply the buyer's ending inventory by the amount of gross profit in the intra-entity sales.

D. divide the transfer price by the cost of the goods.

E. divide the transfer price by the gross profit on the intra-entity sales

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