Which of the following would be considered merchandise inventory?
A)Work in progress
B)Raw materials
C)Purchased finished goods
D)Cost of goods sold

Name: Which of the following would be considered merchandise inventory? A)Work in progress B)Raw materials C)Purchased finished goods D)Cost of goods sold
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Question

Quizplus · Accepted Answer

Merchandisers hold merchandise inventory,which consists of products acquired in a finished condition,ready for sale without further processing.

Which of the Following Would Be Considered Merchandise Inventory