is a measure of income divided by the investment required to obtain that income. Return on sales Return on investment None of the above Residual income Capital turnover There is(are) is no universally goal(s) of transfer pricing systems. There transfer price. one; optimal O multiple; optimal O multiple; maximum one; maximum If there is a competitive market for the product being transferred as the transfer price will lead to internally, using the variable cost; goal congruence O full cost plus profit; goal congruence full cost; goal congruence O market price; goal congruence ABC Division is in the United States with high income tax rates. ABC Division produces a component for the Spain Division in a low income-tax-rate country. What transfer price should ABC Division set for the component sold to the Spain Division to minimize taxes? O ABC Division should set a low transfer price to maximize profits. O ABC Division should set a low transfer price to minimize taxes. ABC Division should set a high transfer price to maximize profits O ABC Division should set a high transfer price to minimize taxes. None of the above The variable cost of Part X is $50 per unit and the full cost of the part is $80 per unit. The part is produced in Portugal and transferred to a plant in the United States. Portugal has a 10% income tax rate. The United States has a 50% income tax rate and an import duty equal to 10% of the price of the item. Part X can be transferred at full cost or variable cost. Assume Part X is transferred at full cost. By using full cost instead of variable cost for the transfer price, the overall tax effect for the parent company is $9 more savings by transferring at $80 O $24 less savings by transferring at $80 O $9 less savings by transferring at $80 O $24 more savings by transferring at $80