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What is the effective annual interest rate?
Transfer Price
The price at which goods and services are sold between divisions within the same company.
Buying Division
A dedicated department within a company that is responsible for making all purchase-related decisions and transactions.
Selling Division
A segment of a business organization responsible for the external sales of the company’s products or services.
Profit Centers
Divisions or segments of a business that are responsible for generating revenue and profit above their direct and indirect costs.
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