What is the distinctionbetween retail and wholesale merchandising companies?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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What is the distinction
between retail and wholesale merchandising companies?
Expert Solution
Step 1
The Distinction between Merchandising and Manufacturing Companies are given below as,
Step 2
The Merchandising Companies are defined as the buying products which are called Inventory and sold to customers whereas the manufacturing Companies make their own products from raw materials rather than acquire them in a ready-to-sell format.
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