Which of the following is/are false regarding a merchandising firm?

a. A merchandising firm purchases inventory for resale.
b. A merchandising firm does not change the physical form of the inventory.
c. A merchandising firm performs no incremental work on the inventory.
d. A merchandising firm adds nothing to the acquisition cost of the inventory after it is purchased.
e. None of the above are false regarding a merchandising firm.


E

Business

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