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Intra-entity Purchases
Buying activities of goods or services conducted between departments or divisions within the same entity.
Equity Method
An accounting technique used to assess the profits earned by an investment in another company, recognizing such profits proportional to ownership share.
Intra-entity Purchases
Transactions involving the exchange of goods or services between entities within the same parent company, often leading to consolidation adjustments.
Gross Profit Rate
The ratio of gross profit to net sales, indicating the efficiency of a company in controlling its production or purchase costs.
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