Which of the following assets MUST a merchandising company have for daily operations?
A) Accounts receivable
B) Prepaid insurance
C) Merchandise inventory
D) Equipment

Question

Quizplus · Accepted Answer

Merchandise inventory is essential for daily operations of a merchandising company as its business revolves around buying and selling of goods. Accounts receivable and prepaid insurance may be necessary but not as vital. Equipment may not be required on a daily basis.

Which of the Following Assets MUST a Merchandising Company Have