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Gross Profit Rate
The ratio of gross profit to net sales, indicating the efficiency of a company in managing its production and labor costs.
Intra-entity Transfer
A transaction occurring between divisions or units within the same legal entity.
Noncontrolling Interest
An ownership interest in a corporation that is less than 50%, not allowing for control over the company's operations.
Depreciable Asset
A tangible or intangible asset used in operations that can be depreciated over its useful life due to wear and tear, deterioration, or obsolescence.
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