The major revenue of a merchandiser is ________ while the major expense(s)is (are)________.
A)sales revenue; cost of goods sold
B)gross margin; operating expenses
C)income from operations; cost of goods sold
D)sales revenue; operating expenses

Question

Quizplus · Accepted Answer

The major revenue of a merchandiser is sales revenue, which comes from selling goods. The major expense is the cost of goods sold (COGS), which represents the cost to purchase or manufacture the products sold to customers.

The Major Revenue of a Merchandiser Is ________ While the Major