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Worldwide Inc., is a multinational company with divisions around the world. Division A in the...

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Accounting

Worldwide Inc., is a multinational company with divisions around the world. Division A in the United States purchases a part from Division G in China. There is no outside market for the part. The part is sold for $12 and normally receives a 20% markup on cost. What is the transfer price using the resale price method? a. $10 b. $12 c. $9.60 d. $14.40

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