answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Talja
1 month ago
10

Merchandise inventory includes: (You may select more than one answer. Single click the box with the question mark to produce a c

heck mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)
a. costs to purchase

b. costs to sell

c. shipping costs

d. costs to prepare for sale

e. cost of goods sold
Business
1 answer:
arsen [2.9K]1 month ago
5 0

The Merchandise Inventory account includes costs related to purchased goods, shipping and handling fees, transit insurance, and storage expenses.

Explanation:

Merchandise inventory consists of finished goods available for resale to consumers.

It encompasses all items that a company owns and intends to sell.

A merchandise enterprise:

  • Generates net income by purchasing and selling merchandise
  • Can acquire products from manufacturers to sell to retailers
  • May also buy from manufacturers and sell directly to end-users
  • Can operate as either a wholesaler or a retailer

Classified as a current asset, the Merchandise Inventory is vital for tracking.

The Merchandise Inventory account includes costs associated with purchases, shipping fees, preparation costs and handling expenses.

You might be interested in
Marco has noticed that as older adults purchase tablets, they do not know much about how to use them and are frequently aggravat
soldi70 [3150]
Marco's experience exemplifies the Invisible Hand Concept, which illustrates how individual actions can yield societal benefits. In his case, Marco established a business to address an issue faced by older adults, aiding them while simultaneously creating job opportunities for others.
7 0
20 days ago
The Marketing Control Statement is a valuable statement for marketers because it only utilizes costs that the marketer can contr
arsen [2988]
True. The Marketing Control Statement significantly aids marketers by focusing only on controllable costs, allowing them to manage both variable and programmed costs. This knowledge equips them to adjust effectively to achieve an optimal marketing mix that guarantees profitability. Furthermore, it is straightforward to prepare, making it appealing to marketers wanting to avoid the complex jargon of income statements.
3 0
20 days ago
Claire is the head of product design for her company. She has to create the layout for the next generation of smartphones. She h
Free_Kalibri [3164]

Response:

the choice is D

.

Reasoning:

I just completed this on plato

6 0
13 days ago
Based on your observations of connective tissue in Experiment 2, which statement explains the difference between loose and dense
Scilla [3267]

The distinction between loose and dense connective tissue is that loose connective tissue has significantly more space between its fibers and cells compared to dense connective tissue.

Option D

Explanation:

In animals, the two varieties of connective tissue are classified as loose and dense connective tissues.

The primary role of connective tissue is to give structural support to softer body parts. Furthermore, it aids in supplying nutrients and oxygen to the epithelial tissue of .

Elastic connective tissue contains elastic fibers, while dense connective tissue features closely packed fibers. Consequently, the main variation in extracellular matrix density between these connective tissues lies in the comparison between loose and dense binding tissue.

6 0
20 days ago
Risks commonly considered to understand project financing are:
marusya05 [3096]

The risks generally examined in the context of project financing include: construction and completion risk, political and regulatory risk, and expropriation and nationalization risk, along with environmental risk.

7 0
15 days ago
Read 2 more answers
Other questions:
  • The Toyota Effect describes Toyota’s desire to use its resources and knowledge to benefit society, and people, and the planet. T
    6·1 answer
  • An investor paid $43,000 for a lot and $520,000 to have a strip mall constructed on it. he has depreciated the property for the
    5·1 answer
  • ou currently own 10 percent of the 3.0 million outstanding shares of Webster Mills. The company has just announced a rights offe
    14·1 answer
  • Swazzi has released a new line of sweater vests, but they are selling poorly. Store managers say they need same-day information
    11·1 answer
  • Donald discovers major flaws in the packaging department. He consults the production manager and formulates control measures to
    14·1 answer
  • If a product is targeted to a risk-seeking individual who is college educated,
    9·1 answer
  • Price floors and price ceilings often lead to unintended consequences, because buyers and sellers have many ways to react to pri
    11·1 answer
  • All of the following are methods that aid management in analyzing the expected results of capital budgeting decisions EXCEPT:
    6·1 answer
  • Suppose the price of a Snickers candy bar is $2.00 at both the airport and the grocery store. The price elasticity of demand for
    5·2 answers
  • You work as an analyst in the marketing department for Springfield International (SI). SI uses a weak matrix to develop new serv
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!