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Module 7 Cost Transfers Howard University  Form

Module 7 Cost Transfers Howard University Form

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in this group of videos we are going to talk about transfer pricing and transfer pricing is actually pretty complicated and to explain it I think the easiest way to wrap your head around it is with an example so Heinz is probably the number one as far as I know it's the number one ketchup maker in the world and like most big companies and Heinz I would classify as a big company they own a lot of other littler companies so they own like Lea & Perrins that makes steak sauce and they own Weight Watchers sauce the vision and they own lots of little sauce companies and in fact Heinz is owned by Kraft if you've heard of Kraft Foods that the the giant company that owns all sorts of different types of foods so but Heinz itself is a very big company and one of the companies Heinz owns is oops I scrolled the wrong thing is this Bank up bytes so you can see there's the Heinz logo right at the top and okay it's a little snack and you got to assume what it is it's like a lit

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