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Typical example of service business and merchandising business?
what are the some examples of merchandising business ?
Do merchandising businesses sell goods that it produces?
A merchandising business sells goods that it produces. True or False
Is the measure of net income for a merchandising company conceptually the same for a service company?
Well if you look at it by the basics you will see both use the same Net income = revenue - expenses. However the income statement for the service company subtracts the operating expenses from the revenues to arrive at net income. The merchandising company subtracts the cost of merchandising from the revenue to arrive at gross profit. It then subtracts all other operating expenses to arrive at net income.
What does EEO stand for in retail merchandising?
EEO in business typically is an abbreviation for Equal employment opportunity
Is amazon a merchandising type of business?
Yes it is and the wikipedia article on merchandising would seem to back that:"Merchandising is the methods, practices, and operations used to promote and sustain certain categories of commercial activity.[1] In the broadest sense, merchandising is any practice which contributes to the sale of products to a retail consumer. At a retail in-store level, merchandising refers to the variety of products available for sale and the display of those products in such a way that it stimulates interest and entices customers to make a purchase."
Why is the normal operating cycle for a merchandising company likely to be longer than for a service company?
Why is the normal operating cycle for a merchandising company likely to be longer than for a service company?
Example of merchandising business?
example of merchandising business
Give example of merchandising business?
example of merchandising business
Is The Gap a service business - merchandising business group - or manufacturing business?
merchandising
Typical example of service business and merchandising business?
what are the some examples of merchandising business ?
What is operating cycle in accounting management?
Operating cycle is the time which required by the business from acquiring inventory to production and selling of products and generating revenue.
What is the operating cycle of a merchandising company?
The normal operating cycle of a service company includes the following steps : 1. Perform services. 2. Accounts Recievable 3. Get cash There are no goods involved. Only a service has to be performed, thus no dependencies from suppliers etc. The operating cycle of a merchandising company has some additional steps 1.Buy inventory 2. Sell inventory 3. Accounts recievable 4. Get cash The goods have to be ordered from suppliers of wholesalers and stored. Then goods from inventory are sold.
Is gamestop a merchandising business?
yes
Cash operating cycle?
The cash conversion cycle (Operating Cycle) is the length of time between a firm's purchase of inventory and the receipt of cash from accounts receivable. It is the time required for a business to turn purchases into cash receipts from custome.
What is the revenue account for a merchandising business?
Sales
Do merchandising businesses sell goods that it produces?
A merchandising business sells goods that it produces. True or False
The account that appears in the chart of accounts for a merchandising business but not for a service business?
Sales
