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A hiring agent offers a scientist approximately the same salary,facilities,equipment,and shared laboratory with 10 highly skilled and enthusiastic scientists.Part of the job is to collaborate with these peers and jointly develop promising drug compounds.This structure will create greater firm loyalty than one in which the hiring agent offers only monetary compensation.
Intra-entity Gross Profit
The profit recognized on transactions carried out between divisions or departments within the same company.
January 1 Retained Earnings
The amount of net income left over for a business at the start of a new calendar year after all dividends have been paid out to shareholders.
Equity Method
An accounting technique used to record investments in which the investor has significant influence over the investee but does not have full control.
Intra-entity Gross Profit
The profit recognized by entities within the same corporation on transactions among themselves, which may not be realized from an external perspective until the goods are sold to an outside party.
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